To: BenLurkin
What it the purpose for a an interest deduction on a vacation home?
To try and increase/spur home sales probably, but why the question?
If Romney truly was trying to solve the tax/budget problem he'd be proposing to drastically slash the size of Government while drastically cutting and simplifying the tax rates.
He'll do neither because he's not a conservative, but a Progressive Liberal.
Oh he'll make noise about something, but nothing of substance will ever come of it because in his heart he's not a conservative.
To: SoConPubbie
He won’t touch the EPA, he won’t touch education, the DOE will continue doing nothing, the green speculators will continue to gamble with tax dollars.....
9 posted on
04/18/2012 7:40:04 PM PDT by
cripplecreek
(What does it profit a man if he gains the whole world but loses his soul?)
To: SoConPubbie
To try and increase/spur home sales probably, but why the question? In other words to pick that the home seller is the winner and the home buyer is the loser?
Getting a deduction on a second home is ridiculous. Since shelter is a basic need I can see it justified for one home. Because if a person loses their home, it could end up being a liability to the government safety net anyway, if they have to offer public housing. But a second home is not a common need and not justifiable as a tax deduction. The government is not going to have to step in and provide a safety net for someone who loses their SECOND home.
And no I'm not pro-tax. I'm pro-lower taxes with less deductions so everyone gets to benefit and not just people who behave in the way the government mandates, dictates or subsidizes.
23 posted on
04/18/2012 8:26:54 PM PDT by
JediJones
(From the makers of Romney, Bloomberg/Schwarzenegger 2016. Because the GOP can never go too far left.)
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