Question

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

A) miscellaneous deduction.
B) deduction for AGI.
C) deduction from AGI.
D) All of the above would provide the same tax savings to taxpayers

Answer 1

Answer: B

Step-by-step explanation:

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 deduction for AGI.