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John H[_2_] John H[_2_] is offline
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First recorded activity by BoatBanter: Aug 2008
Posts: 8,637
Default Let's get them damn rich yacht owners!!

On Jul 23, 9:44*pm, Florida Jim wrote:
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


Eliminate all mortgage interest deductions. That'll do it better.


At least it would be fair across the board. Might not be popular and
might have a somewhat detrimental impact on the housing market. It
would probably help the rental market though.