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tax shelter "

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      [Noun]  | "tax shelter" 


      1: a strategy, investment, or tax code provision that reduces tax liability


      Origin: 1952 ;

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       [ "tax shelter" ]

      1: n. Bunker in which to hide with one's tax returns when the press come around. ..................

        * e.g.,  ... I need a few more yards of concrete. The reporters got a backhoe and dug up my last tax shelter. Have you thought of using a charitable foundation? 

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