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To: Intolerant in NJ

exactly.. the government shouldn’t subsidize anyone’s mortgage.. keeping tax rates low should more than make up the difference in the long run.. I mean isn’t this what we Conservatives are all about? (keep our taxes low and then get government out of our way as we will pay for our own choices


56 posted on 10/02/2012 9:26:05 PM PDT by Lib-Lickers 2
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To: Lib-Lickers 2

In theory, yes, but in reality what will happen is he will get the elimination of mortgage deductions through, but the tax rates will stay the same, resulting in massive tax hikes for the middle/upper middle class. High earners cant deduct but so much anyway and low earners get so many credits, they dont pay. This will hike taxes on homethe owning families with household incomes between $60k and $120k... essentially the republican base.


72 posted on 10/03/2012 3:58:59 AM PDT by wolfman23601
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