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  1.                                                                                 BUSINESS, Page 53Business NotesTAXESOne Gloat Over the Line
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  4.     His excesses have become so routine that few people were
  5. shocked when publishing tycoon Malcolm Forbes flew 600 guests to
  6. Morocco for a $2 million "party of the century" to celebrate his
  7. 70th birthday. But many taxpayers were outraged to hear Forbes
  8. suggest in a comment to reporters that he might try to claim a
  9. deduction for some of the party's expenses. His rationale: the
  10. guests included advertisers in his business magazine.
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  12.     In the end, the publisher, perhaps smelling a gust of bad
  13. publicity, declared that "not a penny" would be deducted. But he
  14. straight-facedly maintained that a "case could be made" for
  15. writing off part of the fete, which included 600 belly dancers.
  16. Said Forbes: "I would say, 95% of it's business-related."
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