Grover Norquist

If you have to change the law to get more money, that's a tax increase, and Americans for Tax Reform supports all efforts of tax reform, getting rid of deductions or credits, or something that's misclassified, as long as you at the same time reduce rates so that it's not a hidden tax.

American Politician

Maurice Allais

All science is based on models, and every scientific model comprises three distinct stages: statement of well-defined hypotheses; deduction of all the consequences of these hypotheses, and nothing but these consequences; confrontation of these consequences with observed data.

French Economist

Francis Crick

It would appear that the number of nonsense triplets is rather low, since we only occasionally come across them. However this conclusion is less secure than our other deductions about the general nature of the genetic code.

English Scientist

James B. Stewart

The A.M.T. is a parallel system for calculating tax liability intended to ensure that high-income taxpayers pay a substantial amount in federal tax even if they have large deductions or other items to offset income.

American Journalist

Chuck Schumer

There are some tax expenditures that are there for very obvious and very important and very good policy reasons. Whether it's the charitable deduction or the deduction for homes, it's not a loophole.

Charles B. Rangel

A greater tax deduction for students is not a handout. On the contrary, it helps those who are willing to meet the challenges of higher education to invest in our collective future.

Bernie Sanders

Coal and oil lobbyists added fossil fuels to a bill aimed at helping American manufacturers, so they too could claim 'manufacturing' tax deductions.

Paul Keating

The great changes in civilisation and society have been wrought by deeply held beliefs and passion rather than by a process of rational deduction.

Australian Politician

Rene Descartes

The two operations of our understanding, intuition and deduction, on which alone we have said we must rely in the acquisition of knowledge.

French Mathematician

Mikie Sherrill

New Jerseyans knew that the SALT deduction cap would hurt.

Deduction is often used when talking about financial situations, like taxes or paychecks.

Financial Context

Though common in finance, 'deduction' can refer to the reduction of other things, too.

Not Always Money

'Deduction' often implies that something is being taken away or reduced.

Negative Connotation

'Deduction' involves drawing specific conclusions from general information or premises.

Logical Thinking

A deduction is not a guess; it's a reasoned conclusion based on evidence or logic.

Not Guesswork

Don't confuse 'deduction' with 'deductive reasoning.' The former is the result; the latter is the method.

Common Confusion

In mathematics, 'deduction' refers to a method or process leading to a solution.

Math Specific

'Deduction' in math could involve figures, patterns, or logical relationships, not just arithmetic.

Not Just Numbers

When used in math, 'deduction' might be less familiar outside the classroom or academic texts.

Technical Term

 and just give me some white wine." But I used my powers of deduction and recognized that chardonnay and sauvignon blanc were two separate types of white wine, and so I told her that I would take the chardonnay, because frankly that was the easiest one to pronounce for me. So I had a lot of experiences like that

America's forgotten...

 like our subsidization of highways like our home mortgage interest deduction that bribes Americans to leave urban apartments and move into suburban homes and most of all to rethink our urban school system that does so much to discourage parents from living in in urban areas thank you very much

It’s time to embrace our...

 He helps me with my taxes every year, and as you can probably tell from the photo, Rus is not a traditional accountant. He's a former standup comedian, and he brings his comedic sensibility to his work. I swear, I've had more fun talking about itemized deductions with Rus

The value of your...

 Most remarkable for the time was his method. Steno never let ancient texts, Aristotelian metaphysics, or Cartesian deductions overrule empirical, experimental evidence. His vision, uncluttered by speculation or rationalization, went deep. Steno had seen how gallstones

The most groundbreaking...

 if you identify yourself as being only either creative or scientific you're doing yourself a big disservice there's a lot of brain cells in the human in the human skull that are capable of all manner of analysis creativity deduction inference and I think the best

Creativity and Science,...

 so they can't collaborate in advance. And being blood-thirsty pirates, if anyone thinks they'll end up with the same amount of gold either way, they'll vote to make the captain walk the plank just for fun. Finally, each pirate is excellent at logical deduction

Can you solve the pirate...

 Part of the trick is to use the process of elimination and lots of trial and error to hone in on the right pieces, and the more logic puzzles you solve, the better your intuition will be for when and where there's enough information to make your deductions.

Can you solve...

 C. Auguste Dupin, who uses his genius and unusual powers of observation and deduction to solve crimes that baffle the police. Poe also wrote satires of social and literary trends, and hoaxes that in some cases anticipated science fiction.

Why should you read...

 when I tell you that every year I can't wait to start doing my tax declaration. Because all I have to do is sit on my couch with a mobile phone, swipe a few pages with prefilled data on income and deductions and hit submit.

What a digital...

 have become part of the popular consciousness, as have his extraordinary, infallible powers of deduction utilized in the name of the law, his notorious drug use, and his popular catchphrase, "Elementary, my dear Watson."

Deduction

The act of removing something, especially an amount of money from a total.

Often appears as...

A conclusion that's been reached by logical thinking.

Often appears as...

A rule or principle in mathematics that you use to calculate things.

Often appears as...

Usage tips

Financial Context

Not Always Money

Negative Connotation

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