Deductive reasoning

Levatter, Ross
June 2009
Liberty (08941408);Jun2009, Vol. 23 Issue 5, p12
The article considers the tax break to be granted to victims of the $64 billion Ponzi scheme of Bernard Ponzi. The U.S. Internal Revenue Service (IRS) allegedly announced on March 17, 2009 that Madoff investors can claim theft loss deduction on their 2008 tax returns. The author asks whether Americans can deduct the amount they pay into the Social Security.


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