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To: silverleaf
maybe it started as so but that is a way too simplistic statement that does not describe the US tax code, and hasn’t for a long long time

The current purpose is to extract every last penny out of your blood sweat and tears that they can get away with. The mortgage deduction elimination has a tidal wave of resistance, but it is a very nice looking plum, to use for more votes and favor financing.

71 posted on 07/20/2011 8:12:07 PM PDT by going hot (Happiness is a momma deuce)
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To: going hot

yes, they eliminate deductions and promise to reduce rates

then after the deductions are gone, they start raising the rates again

to cover the deficit in revenue that results from eliminating the deduction


74 posted on 07/20/2011 8:23:47 PM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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