“All deductions should be eliminated except for charitable donations....”
Yep! Suppose the government came out and said, “We’ll pay 10% of your mortgage payment for you!” Other than encouraging people to pay more for a house, and artificially inflating the cost of housing, just how would that help? Although it would at least be honest!
Not their business. Not their business to encourage people to have kids, either, which is another thing I doubt is actually tied to tax benefits. Never met anyone who had kids for the tax benefits!
I get a printout of my charitable deductions to my church, but don’t get anything for the money I send to poor family members - nor does it ever enter into my charitable giving. I’d be content to see ALL itemized deductions go away, but at least I can understand one for charity.
Education credits? Why? Just makes college more expensive.
The tax code is ALL about control and buying votes.
Exactly! Totally corrupt.