To: commish
I expect you don't itemize now. What will be the effect on mortgages/housing prices if mortgage interest is not deductible? If the 9% sales tax does not apply to "used' houses, that will bring up some interesting points. Why pay 9% more for a new build if you can find the same thing used? Also, and this one is going to be a Democrat line in the sand, professional dues and union dues are now deduct-able. Will people be reluctant to pay union dues out of disposable income? You betcha.
67 posted on
10/18/2011 9:16:07 AM PDT by
dblshot
(Insanity: electing the same people over and over and expecting different results.)
To: dblshot
actually I do itemize, and most of the $1200 ave refund comes from the mortgage deduction protion of that itemization.
71 posted on
10/18/2011 9:22:37 AM PDT by
commish
(Freedom tastes sweetest to those who have fought to preserve it.)
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