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Proposals could cut mortgage deductions
San Jose Mercury News ^ | 8/29/09 | Kenneth Harney

Posted on 08/30/2009 8:45:34 AM PDT by ProtectOurFreedom

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To: ecomcon

He is correct, but that does not change the fact it is what it is, social engineering. If you are going to have a government someone has to pay taxes. I would rather it be a flat tax. If you want to debate tax theory, it’s a different subject. Maybe interest income should not be taxed???


81 posted on 08/30/2009 3:56:02 PM PDT by org.whodat (Vote: Chuck De Vore in 2012.)
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To: FrankR

I would rather to think I was buying bullets for those good old boys in Afghanistan, My great nephew is the trying to kill Ben.


82 posted on 08/30/2009 3:57:51 PM PDT by org.whodat (Vote: Chuck De Vore in 2012.)
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To: ecomcon

I don’t think they should get rid of it at this point. My point was they should never have done it in the first place.


83 posted on 08/30/2009 5:26:53 PM PDT by misterrob (A society that burdens future generations with debt can not be considered moral or just)
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To: ecomcon

‘This from a “libertarian”? Statist declarations from on high about what kind of home we should live in?’

I don’t know Glaeser that well, but it does say he’s a Harvard econ professor, which makes that designation seem quite unlikely (though admittedly possible). His various points seem quite consistent with the view of the “tax farmers” in Rome-on-the-Potomac (or now Caracas-on-the-Potomac?) that see all of our income as their potential “harvest”, and begrudge whatever they have to ‘spend’ (i.e., let us keep for our own purposes) to maintain us as functioning sources of future taxes.


84 posted on 08/31/2009 9:13:51 AM PDT by Blue_Ridge_Mtn_Geek
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To: FrankR
” were is the incentive to even own a house anymore? “

There are a lot of incentives.
A tax deduction should never be the reason to be a homeowner or do anything.

85 posted on 08/31/2009 9:18:13 AM PDT by HereInTheHeartland (Just say no to Soylent Green health care)
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To: HereInTheHeartland
There are a lot of incentives. A tax deduction should never be the reason to be a homeowner or do anything.

Case in point: charities/churches (No one ever said we were supposed to get a tax deduction for giving to God.)

86 posted on 09/01/2009 8:07:52 AM PDT by madison10
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