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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Sep 14, 1972
Page
3
Sylvia Porter explains a new tax law allowing contributions to political candidates or committees to become either a direct credit or an itemized deduction on 1972 returns. Two methods are outlined with examples, advising that the credit generally benefits those with lower incomes and joint returns, while the deduction scales with tax bracket.
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