...and elimination of deductions.
Let's start with:
-eliminating the mortgage deduction (A brilliant move during a housing slump)
-eliminatin...
…and elimination of deductions.
Let’s start with:
-eliminating the mortgage deduction (A brilliant move during a housing slump)
-eliminating deductions for charitable donations
-eliminating deductions for health care (exempting unions of course. Is that fair? Obama has to pay back the unions that supported him though)
-cap and trade (not a tax per se but will have the same effect. Do you think businesses will pass the increase on to you?)
-VAT tax (A federal sales tax on all purchases)
What else you got?
Oh yeah. Letting the top tax rates go back up for individuals earning over 0,000.
And raising the corporate tax rate.
Tags: brilliant move, charitable donations, corporate tax rate, health care, housing slump, mortgage deduction, obama, sales tax, tax rates, unions
Posted in Tax Deductions Q & A | 4 Comments »
…and elimination of deductions.
Let’s start with:
-eliminating the mortgage deduction (A brilliant move during a housing slump)
-eliminating deductions for charitable donations
-eliminating deductions for health care (exempting unions of course. Is that fair? Obama has to pay back the unions that supported him though)
-cap and trade (not a tax per se but will have the same effect. Do you think businesses will pass the increase on to you?)
-VAT tax (A federal sales tax on all purchases)
-Letting the top tax rates go back up for individuals earning over 0,000( Bush tax cuts expire)
-And raising the corporate tax rate.
What else you got?
Melissa you have your head so far in the sand it’s amazing you can come up and use a computer
Tags: brilliant move, bush tax cuts, charitable donations, corporate tax rate, health care, housing slump, melissa, mortgage deduction, obama, sales tax, tax rates, unions
Posted in Tax Deductions Q & A | 9 Comments »