To: sportutegrl
I'd be for simplification, but I wouldn't support eliminating the home-mortgage interest deduction unless the statutory rate drops very significantly.
3 posted on
08/21/2005 1:11:38 PM PDT by
nj26
To: nj26
I'd be for simplification, but I wouldn't support eliminating the home-mortgage interest deduction unless the statutory rate drops very significantly.
One of the ideas in the Forbes plan is that you can continue filing as you do currently which includes mortgate deductions. He is convinced that once you realize that you will end up ahead with the fair tax, you will forget about your precious mortgate deductions and the current system..
7 posted on
08/21/2005 1:32:40 PM PDT by
adorno
To: nj26
but I wouldn't support eliminating the home-mortgage interest deduction unless the statutory rate drops very significantly.How about to 0%?
Check out the FairTax. (HR25 in the House, S25 in the Senate.)
9 posted on
08/21/2005 1:38:33 PM PDT by
ovrtaxt
(Fairtax.org)
To: nj26
I won't support any plan that has any deductions or exceptions.
21 posted on
08/21/2005 2:10:17 PM PDT by
clintonh8r
(Liberals preach comity and practice calumny.)
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