Unintended Consequence: some people can afford their existing home because of the tax law as it was when they signed the mortgage. Removing some of their mortgage deduction will not only decrease the amount of money available to make the payments, it will tend to boost the tax family’s tax bracket!
Yet another reason for the Fair Tax.
As to this point I have seen NO STRONG push to eliminate withholding and the IRS. With out BOTH as preliminaries to the “fair tax” we will end up with both.
So are all those calling for fair tax out protesting JUST the with holding and IRS? NO? Getting the fair tax will NOT make the IRS go away.
End withholding FIRST and you will have my vote. Without ending both FIRST it is just another SCAM to get our money.
As evil as the IRS and withholding are, it means only one tax. IRS + no end to IRS and withholding = all in place and taxing us.
Face facts and past performance of our government. Use your head about this.