And around and around we go simply rearranging the deck chairs.
Careful, according to the Social Justice Warriors on Free Republic, only those “rich people” in California and New York get screwed by this plan.
They are likely to call you a whiner if you don’t agree with their hateful, and stupid, gibberish.
It lacks enough Republicans with the cajones to vote for it.
And what about charitable deductions? Eliminating them as a write off will destroy their ability to collect any donations.
And besides, they’re tired of “subsidizing” us anyway lol
Steve Forbes had a simple “post card” Form 1040. 20 some years ago. Simplify the process. Revenues will rise from such reform. Then cut the tax rate...
Is it really fair to post the whole article? You rob the author of most of the site traffic that would be generated by interested parties who want more info. That said great article & thanks for posting.
Don't snicker that is about enough for a cup of coffee every two weeks.
States like California,New York, Illinois etc use property taxes along with other types of taxing revenues to subsidize their wasteful social programs such as sanctuary cities and states.
These states wind up being indirectly subsidized with mortgage and property tax (deductions) write offs.
Rather than eliminating these write offs how about working up a bill formula where these deductions are graduated and apply to states which are using a high percentage of such taxes to fund those programs. But requires such states to develop other sources of revenue locally rather than dumping their bills on the nation.
But, but, the Clintons itemize used underwear...