And if the defense attorney had been any good in Kelly Clark's case, he would have pointed that out. Deduction is something that has to be true given the premises or the facts or the evidence that you've collected.
And of course, completely different. Deduction is when you move from the idea, the simplification.An idea is a simplification.
And those two arrows correspond to keywords in philosophy. This deduction and this is induction. And of course, completely different.
this is more interactive is one of the things that TextArc was built. It was built as a tool for structuralist literary analysts; people who can make some kind of hypothesis or deduction , mostly hypothesis, from the structure of a book, which then they can go and read the book to find out if it's true, but it's a different way of looking at a book. So, if you'll notice this dormouse, hatter, duchess, and march hare, they're all in roughly
And everything he does-- the plots of the books are affected by the fact that everything he looks at, everything he sees, he starts making deductions about. Yeah, I mean, it's fascinating that people say, this is a quintessentially American character. And that's only true in passing.
If we can impose this tax, can we raise a little bit of revenue? including the deduction for employer-provided health insurance, you know, deductions for mortgage interest and so on.
But at the same time, the aggregate level investment in a productivity would be low. claim the similar deduction on equity.
And if the defense attorney had been any good in Kelly Clark's case, he would have pointed that out. It's not deduction . It's abduction.
Pardon? You said they were small, . That's a good deduction , yeah. However, if you put a star further away, it'll appear smaller.
So why should we care about wealth shares? They added that the deductions for top five executives for employee stock ownership equity and profit share related pay would be unlimited.
And if you think of-- 89% of American taxpayers would be eligible for such a service because they take the standard deduction . And they passed a law saying it's illegal for the IRS to send you a pre-populated tax return.
of the phenomena nor perfect understanding of the conditions that frame them. And as much as analysis and deduction matters in the science lab, actually, intuition and imagination matters, too. And therefore, the scientific process in science labs, or in engineering labs, or in labs generally, is a combination of the classical scientific method
And if the defense attorney had been any good in Kelly Clark's case, he would have pointed that out. Sherlock Holmes does not engage in deduction .
So a lot of our clients just leave the debt in their personal name, transfer title, keep paying the debt, and that's not an issue. You can get a donation deduction for the money going in.
And their idea is actually a very interesting one. It's to think of deduction -- sorry, it's to think of learning as being the inverse of deduction . Learning is induction of knowledge.
being 2. Now inverse deduction works in a very similar way. So here's a simple example of deduction . You know that Socrates is human and you know that humans are mortal.
and father genomes, if you will. And they learn that knowledge with inverse deduction , as we saw.
So this is algorithm, this is heuristic. And next step is to realize that deduction can be perfect. If you do it twice, you have twice the same result.
Because it's a no risk answer. It's the souvenir of an old deduction . An example of a vehicle is a car, the car is an example of a vehicle.
If we can impose this tax, can we raise a little bit of revenue? Get rid of a lot of the deductions and the loopholes, and those include the favorite ones of people who will just never give them up,
So a lot of our clients just leave the debt in their personal name, transfer title, keep paying the debt, and that's not an issue. But now we're just utilizing deductions for all the things that you already are paying for.
And in the mid-'80s, tax codes changed. And hotels couldn't write off the deductions that they used to. So suddenly, restaurants and hotels had to make money.
jobs for people on farms that paid all that much. And even after you got rid of deductions and credits still the highest income people in the United States were paying a marginal income
So free college has been a popular term as well. A not so popular term has been the automatic paycheck deduction , which sounds scary to many people, which is proposed by a Senator that, in order to collect more student loan payments, to withdraw it from your monthly paycheck or your bi-monthly paycheck.
and what I call an artistic method. It blends this induction, deduction , comfort with uncertainty, and ability to frame a problem and move on into a single process that over the last 10 or 15 years I've been talking about as an art science process.
The physical sciences-- we do a lot of deduction and mathematics.
Learning is induction of knowledge. Right? Deduction is going from general rules to specific facts. Induction is the opposite.
And subtraction, of course, gives you the answer to the inverse question, which is, what do I need to add to 2 in order to get 4, the answer, of course, being 2. Now inverse deduction works in a very similar way. So here's a simple example of deduction .
in anyone's pets just their money and a stute deduction I can tell you a rational woman Rachel now you do believe
loans for employees. So these are, again, the issues of student loan solutions, student loan repayment, student loan forgiveness, make colleges accountable, income share agreements, free college, automatic paycheck deductions , pay with your 401 , and then employer contributions. There are others. But these are worth highlighting.
Not can I write my kids off emotionally, but more on the real estate side of things? So maybe you can go over some of the common deductions that real estate investors miss. Yeah, I think one of the main things to understand is that anything potentially could be tax deductible.
So a lot of our clients just leave the debt in their personal name, transfer title, keep paying the debt, and that's not an issue. But we can generate enough depreciation in the home office deductions , hiring your kids, other strategies to generate that the expenses are more than the income
we have a badge reader where you can make a donation right from a payroll deduction , so it's super easy.
So a lot of our clients just leave the debt in their personal name, transfer title, keep paying the debt, and that's not an issue. treat that as rental income and I could get some kind of deduction , but she can continue having partial ownership?
But we know that humans tend to work by induction rather than deduction .
It starts out with basic knowledge of molecular biology, DNA, proteins, RNA, and all of that stuff. And then what it actually does is it formulates hypotheses using inverse deduction . It designs experiments to test this hypothesis using things like DNA sequences and whatnot.
So a lot of our clients just leave the debt in their personal name, transfer title, keep paying the debt, and that's not an issue. But at the same time, get tax deductions now, if maybe you can't qualify as a real estate professional, let's say, you're still offsetting the high W-2 income.
And after they've got their carve-outs and their special interest tax deductions , outsiders with potentially innovative ideas
moving away from maybe-- and not this idea that we give up all the tax deductions , where's my group for that?
So keep this-- in science, you would say distinction between deduction and induction and say, there's a lot of power for induction-- bottom-up insights.
So that's distraction. And then we talk about digital deduction , where, for the first time, this generation, upcoming generation, they have less rational ability,
It's like giving a low base of stock when the value increases and you get the benefit of the deduction for the current value, not just
If you're spending money to learn how to do real estate, you're traveling to look at real estate, really the deduction comes in once you start investing. So the earlier you start investing, the better the tax deduction . On the other hand, if you're someone who's been taking classes, it's been years and years and years and still haven't really pulled the trigger yet,
In the old SAT, you got a point for every right answer and a quarter point deduction for wrong answers.
The idea of memory, knowledge, deduction -- and that's why I want to play with right now with all of you.
In fact, each of these master algorithms has a mathematical proof that says, if you give it enough data, it can learn anything. OK? For the Symbolists, the master algorithm is inverse deduction . And we'll see, in a second, what that is.
Let me see what gaps I identified and so on. And in fact, one of the most amazing applications of inverse deduction to date is actually a robot scientist. So if you look at this picture, the biologist is not the guy in the lab coat.
But the notion of proof, of axioms, of deduction , this really was discovered by the ancient Greeks.
lot of money on these things for collections that turned out to be wasted money and only really careful logical deduction and scientific analysis proved him to be a forger? I think,
which cannot be measured or quantified, that which lies beyond the reach of rational deduction .