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To: Sopater

I’m all for the elimination of the mortgage interest deduction. I’m for a very simple tax system. No deductions if at all possible.

Reagan did something like that. He drastically reduced the tax rate for the rich, but also reduced the deductions. The result - increased tax revenue.


46 posted on 11/10/2010 11:17:02 AM PST by RobRoy (The US Today: Revelation 18:4)
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To: RobRoy

http://www.msnbc.msn.com/id/40111714

http://online.wsj.com/article/SB10001424052748703805004575606643067587042.html?mod=WSJ_hp_LEFTTopStories

http://www.bloomberg.com/news/2010-11-10/deficit-reduction-panel-s-plan-would-seek-to-cut-social-security-medicare.html


130 posted on 11/10/2010 2:37:43 PM PST by Dubya-M-DeesWent2SyriaStupid!
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