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1a. What kinds of deductions are prohibited as a matter of public policy? bribes, kickbacks, and other illegal payments as nondeductible T. 1b.Why might Congress

1a. What kinds of deductions are prohibited as a matter of public policy? bribes, kickbacks, and "other" illegal payments as nondeductibleT.

1b.Why might Congress deem it important to disallow deductions for expenditures against public policy?

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