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To: God luvs America
so everyone else should pay for your mortgage interest, your real estate taxes, your student loan interest, etc...

You think tax deductions (keeping more of my money) means you "pay for" me?

137 posted on 12/02/2017 6:07:52 AM PST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: SkyPilot
"Keeping more of your money"

Except the way the basic tax law is written, the tax on every dollar paid to you as wages is due the moment the dollar touches your hand.

The fact that the tax is collected, or finalized, later doesn't mean you don't owe it.

So, all deductions are post hoc social engineering, to favor certain things and punish other things.

I mostly agree with the core libertarian position on taxes, but taking away deductions does not take more of "your money", because, by the logic of "tax due on reciept of wages", it isn't really your money to begin with.

155 posted on 12/02/2017 6:22:48 AM PST by Jim Noble (Single payer is coming. Which kind do you like)
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To: SkyPilot

you don’t???

if you are taking deductions it means less revenue for the feds and someone else will eventually have to make up for your deductions...


291 posted on 12/02/2017 10:04:51 AM PST by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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