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To: Dr._Joseph_Warren
If you are going to rag on this gal for taking a Pell Grant, then I hope you are refusing to take any deductions for the interest paid on your house mortgage. It would be hypocritical of you to take my hard earned tax dollars to subsidize your home.

Your argument doesn't make any sense. You are confusing grants with tax deductions. In case you weren't aware, money spent on education for one's profession is currently tax deductable.

I didn't get a government grant to buy my house. But perhaps I would have been able to afford a house a bit sooner if my taxes were lower from not being forced to pay to subsidize others.

80 posted on 07/12/2004 11:01:07 AM PDT by mastequilla
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To: mastequilla
You are confusing grants with tax deductions. In case you weren't aware, money spent on education for one's profession is currently tax deductable.

Amazing. Clinton would be proud of your ability to compartmentalize.

Call it a 'grant'. Call it a 'tax deduction'. Call it what you will, it still involves you gaining financially from a government program intended to promote a certain behavior.

In the Pell Grant case, the intention is to encourage and enable people to further their education. A worthy goal that not only helps the individual but helps the country.

In the mortgage tax deduction case, the intention is to encourage and enable people to purchase and own a house.

The fact you don't see what these two programs have in common tells me you consider the mortgage deduction to be an entitlement.

I didn't get a government grant to buy my house.

The manner of financial transfer is irrelevant. Grant or deduction, you still received money as part of a Federal Government program.

But perhaps I would have been able to afford a house a bit sooner if my taxes were lower from not being forced to pay to subsidize others.

Yes, and perhaps this gal could afford to pay her tuition if her taxes were lower from not being forced to subsidize home owners.

107 posted on 07/13/2004 7:26:15 AM PDT by Dr._Joseph_Warren
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