Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: bobsunshine

Coburn would fund elimination of the Alternative Minimum Tax paid for by wealthy California and New York Democrats by raising taxes on the middle class and upper middle class by eliminating the home mortgage deduction and even reduce what we can save for our retirement.

Coburn has now assumed the classification of Devil in my book.


24 posted on 07/19/2011 12:52:48 PM PDT by LowTaxesEqualsProsperity
[ Post Reply | Private Reply | To 1 | View Replies ]


To: LowTaxesEqualsProsperity
by raising taxes on the middle class and upper middle class by eliminating the home mortgage deduction

But at the same time tax rates are decreased...top rate by 10%.

45 posted on 07/19/2011 1:21:31 PM PDT by Siena Dreaming
[ Post Reply | Private Reply | To 24 | View Replies ]

To: LowTaxesEqualsProsperity

Per page 4 of the document below, tax expenditures for health, charitable giving, homeownership,
and retirement will be reformed but not eliminated.

http://thehill.com/images/stories/gangofsix_plan.pdf


73 posted on 07/19/2011 2:19:37 PM PDT by DFG (Can We Bankrupt The Country? YES WE CAN)
[ Post Reply | Private Reply | To 24 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson