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afx114
ParticipantThe Fiscal Commission just released their recommendations, and elimination of mortgage interest deduction is one of the things on their list of options:
In their second plan, they would increase the personal deduction to $15,000, create 3 tax brackets (15, 25 and 35%); repeal or significantly curtail a number of popular tax deductions (including the state and local deduction and the mortgage interest deduction); and eliminate other tax expenditures.
A full list of their options is here: http://tpmdc.talkingpointsmemo.com/2010/11/deficit-commission-co-chairs-simpson-and-bowles-release-eye-popping-recommendations.php
Granted, the majority of these recommendations have less that 0% chance of happening.
ParticipantThe Fiscal Commission just released their recommendations, and elimination of mortgage interest deduction is one of the things on their list of options:
In their second plan, they would increase the personal deduction to $15,000, create 3 tax brackets (15, 25 and 35%); repeal or significantly curtail a number of popular tax deductions (including the state and local deduction and the mortgage interest deduction); and eliminate other tax expenditures.
A full list of their options is here: http://tpmdc.talkingpointsmemo.com/2010/11/deficit-commission-co-chairs-simpson-and-bowles-release-eye-popping-recommendations.php
Granted, the majority of these recommendations have less that 0% chance of happening.
ParticipantAren’t weapons the only thing we still make that the rest of the world wants? I mean that and porn?
ParticipantAren’t weapons the only thing we still make that the rest of the world wants? I mean that and porn?
ParticipantAren’t weapons the only thing we still make that the rest of the world wants? I mean that and porn?
ParticipantAren’t weapons the only thing we still make that the rest of the world wants? I mean that and porn?
ParticipantAren’t weapons the only thing we still make that the rest of the world wants? I mean that and porn?
Participant[quote=jstoesz]That is the beauty of strong states and a weak fed. If you live in a NY condo, you shouldn’t have to worry about what some stupid hick from Idaho thinks about something. There is little need for compromise, because one has little influence on the other.[/quote]
Right. Gun control is one example. Gun control to an inner city mother of three is much different than gun control to a Texas rancher. But of course gun rights are one of the fundamental aspects of our federal founding documents, so there’s the rub.
Participant[quote=jstoesz]That is the beauty of strong states and a weak fed. If you live in a NY condo, you shouldn’t have to worry about what some stupid hick from Idaho thinks about something. There is little need for compromise, because one has little influence on the other.[/quote]
Right. Gun control is one example. Gun control to an inner city mother of three is much different than gun control to a Texas rancher. But of course gun rights are one of the fundamental aspects of our federal founding documents, so there’s the rub.
Participant[quote=jstoesz]That is the beauty of strong states and a weak fed. If you live in a NY condo, you shouldn’t have to worry about what some stupid hick from Idaho thinks about something. There is little need for compromise, because one has little influence on the other.[/quote]
Right. Gun control is one example. Gun control to an inner city mother of three is much different than gun control to a Texas rancher. But of course gun rights are one of the fundamental aspects of our federal founding documents, so there’s the rub.
Participant[quote=jstoesz]That is the beauty of strong states and a weak fed. If you live in a NY condo, you shouldn’t have to worry about what some stupid hick from Idaho thinks about something. There is little need for compromise, because one has little influence on the other.[/quote]
Right. Gun control is one example. Gun control to an inner city mother of three is much different than gun control to a Texas rancher. But of course gun rights are one of the fundamental aspects of our federal founding documents, so there’s the rub.
Participant[quote=jstoesz]That is the beauty of strong states and a weak fed. If you live in a NY condo, you shouldn’t have to worry about what some stupid hick from Idaho thinks about something. There is little need for compromise, because one has little influence on the other.[/quote]
Right. Gun control is one example. Gun control to an inner city mother of three is much different than gun control to a Texas rancher. But of course gun rights are one of the fundamental aspects of our federal founding documents, so there’s the rub.
ParticipantWhy do the simpleton ranchers get to have the monopoly on what “real life” is like? Maybe they should leave their comfortable ranches and come see how us city folk live from time to time.
Perhaps Allan hasn’t seen some professors ever leave La Jolla, and while I agree that that’s a bad thing, I’ve certainly never seen an Iowa corn farmer hanging out in downtown either.
ParticipantWhy do the simpleton ranchers get to have the monopoly on what “real life” is like? Maybe they should leave their comfortable ranches and come see how us city folk live from time to time.
Perhaps Allan hasn’t seen some professors ever leave La Jolla, and while I agree that that’s a bad thing, I’ve certainly never seen an Iowa corn farmer hanging out in downtown either.
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