Assume Congress wishes to encourage healthy eating and is considering a deduction for broccoli purchases.In order to maximize the value of this tax deduction for taxpayers,Congress should provide for a(n)
A)itemized deduction.
B)deduction for AGI.
C)deduction from AGI.
D)All of the above would provide the same tax savings to taxpayers.

Question

Quizplus · Accepted Answer

A deduction for AGI (Adjusted Gross Income) is generally more beneficial because it reduces taxable income before calculating AGI, potentially qualifying taxpayers for more tax benefits and credits.

Assume Congress Wishes to Encourage Healthy Eating and Is Considering