What's wrong with that you ask? If you don't know, then no amount of explanation will suffice. Just where the hell did you see any class envy from my post. Apologize NOW.
My premise, fully supported by the skewered cow syndrome on this thread is and remains: "The tax code should be used for legal functions of the government and not social engineering."
If anyone believes otherwise then my point has been proved even further. Once these deductions become part of the fabric of how we do business, then our decisions are based upon tax code and not what is right.
I see this everyday in business. There are many decision made that are not really the best thing for the company but because of the tax implications, we do it anyways.
Well, of course I believe the tax code is absurd...but taking away this ONE only would be crazy. If you change the tax code, change it all...not just pick one that would hurt more than it would help. And I apologize...my comment wasn't specifically aimed at your post, it was a general comment about some of the posts I was reading...I happened to hit reply to yours. Forgive me.