"To eliminate the deduction" means to remove or get rid of the ability to deduct or subtract a certain expense or amount from one's taxable income calculation. Full definition
The proposed tax bill eliminates the deduction for state and local taxes for individuals and couples and reduces the maximum amount of property taxes that can be deducted. (realestatedecoded.com)
State officials on both sides of the aisle have raised concerns with the impact of eliminating deductions on property taxpayers. (nystateofpolitics.com)
Most people oppose eliminating the deduction and believe doing so would further damage the housing market and the overall economy. (nar.realtor)