BoatBanter.com - View Single Post - Political, but on topic- Boaters respond to proposed IRS changes

"Bert Robbins" wrote in message
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wrote in message
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On 12 Mar 2006 15:36:23 -0800, wrote:

NEWS From BoatU.S.
Boat Owners Association of The United States
880 S. Pickett St., Alexandria, VA 22304
BoatU.S. News Room at http://www.BoatUS.com/news/releases.asp

FOR IMMEDIATE RELEASE
Press Contact: Scott Croft, 703-461-2864,
Date: March 9, 2006

SURVEY REVEALS GREAT DISTASTE FOR PRESIDENTIAL TAX PANEL'S
PROPOSAL TO END SECOND HOME MORTGAGE INTEREST DEDUCTION

I do understand how a person who is struggling to pay one mortgage
doesn't want their tax dollars subsidizing someone's 2d home (or
yacht)

What about they hourly guys that build those yachts? What about the hourly
guys that build those houses. What about the hourly guys that perform
maintenance on the boats and houses and their contents? It might not be
fair but, it does keep the economy moving along.

I find it hard to believe that people are buying boats just to qualify for
the second home mortgage deduction.