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LilAbner[_3_] LilAbner[_3_] is offline
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First recorded activity by BoatBanter: May 2011
Posts: 115
Default Let's get them damn rich yacht owners!!

On 7/23/2011 9:35 PM, wrote:
On Sat, 23 Jul 2011 20:58:14 -0400,
wrote:

On 7/23/11 7:55 PM, LilAbner wrote:
On 7/23/2011 7:45 PM, John H wrote:
http://tinyurl.com/3r5l8ur

I wonder if the Democrats realize that it doesn't take a 'yacht' to
have a head, stove, and bed.
Hell, I had that in my 21' Proline.

If they want to do away with a second home mortgage interest
deduction, then do it for *all* second
homes.


All boats and all second homes over a certain value...that'll do it.


What if you travel around in an RV and trailer a boat?


What if you live on your large yacht and have a very big dinghy?

LOL

The political climate being what it is I can't see them offending the
Donors. there will be big loopholes.
Meanwhile the Middle Class is fair game. RVs and Boats etc cost a bundle
in our world but are small potatoes to Wall Street.
If anybody gets their deductions cut it will be Middle Class just like
everything else they are proposing.