View Single Post
  #14   Report Post  
 
Posts: n/a
Default OT A Tax Raise from BushCo


*JimH* wrote:
wrote in message
ups.com...

wrote:
Yep, they're all about lower taxes.....


Notice the 50% increase in the tax rate for the folks on the bottom end
of the scale? (Increases from 10% to 15%).

Mortgage deduction: Too bad it can't be saved for inexpensive "starter"
homes purchased by young families, but a good percentage of folks who
are
allowing the government to subsidize their personal housing expense (by
enabling them to pay interest on $1mm mortgages with tax-free
dollars)also fall into a group that gnashes and wails at the very
thought of
any public assistance for low income renters.


Do you claim a deduction on your home mortgage interest Chuck? If you
really believe what you said you would not. You need to set an example for
the rest of us. ;-)



Actually, I don't claim any mortgage interest deduction at all. (No
mortgage, no interest). As far as an example goes; I hope you don't
have to follow mine. AMT every stinking year. AMT; just another hosing
of the middle class... :-(