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Florida Jim Florida Jim is offline
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First recorded activity by BoatBanter: May 2011
Posts: 358
Default Let's get them damn rich yacht owners!!

On 7/24/2011 9:12 AM, John H wrote:
On Jul 23, 8:58 pm, 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.

Why not *any* qualified second home?


Why give mortgage interest deductions at all? Before you know it renters
will want deductions too, and section 8, and why just a second home?
some poor folks have multiple homes. What about those folks that have 0
interest loans. It's not fair that they don't get a deduction.