Can you list all the new taxes that are on the table…?
...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)
-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