‘mortgage deduction’ Tagged Posts

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)

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.

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)

-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

Will cons who think the public option is socialism stop claiming charitable donations on their taxes?

 

Seriously…walk the walk. Why should I support YOUR church or YOUR charities?

When it comes time to fill out your tax return, skip that mortgage deduction and notify the county that you’ll be relinquishing your homestead exemption. Otherwise nonhomeowners will be subsidizing your house.

Own a business? Give up any local, state or federal tax breaks, and don’t even think about a below-market-rate loan backed by the government. Why should I pay for your business? If I like your business, I’ll shop there, thank you very much.

You will cheerfully pay more for food, because you won’t want to benefit from farm subsidies.

And when your kids are ready for college, if they choose a state school, pay out-of-state tuition. Skip the applications for any financial aid funded by the government.

So…will y’all walk the walk and get this evil out of your life? Or are you hypocrites who like to talk a big game, but won’t actually play by your rules?
How is farming not a private business? Doesn’t the farm bill intervene in private business so you can have dirt cheap hamburgers? That IS indeed government control of private industry. Education…government control of an industry. Below market loans? Government intervention in private business. Sigh….

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