Definitions for "tax deduction"
An expense subtracted from adjusted gross income when calculating taxable income,...
the amount that may be subtracted from income when calculating income tax, or (in the U.S.) from the adjusted gross estate when calculating estate tax or from the amount of the gift when calculating the gift tax.
Reduces an individual's or organization's tax liability (financial obligation, debt, claim or potential loss) only in proportion the appropriate tax bracket.
a form of public subsidy," write Holmes and Sunstein
Keywords:  evasion, yield, equivalent
tax equivalent yield tax evasion
a positive thing, but pails in comparison to a tax credit
Keywords:  notion, renting, breaks, better, help
Allowable tax breaks on certain items such as mortgage interest, property taxes etc. which help support the notion that owning a home is much better than renting
Keywords:  someone, part
a tax, or part of a tax someone