On 7/24/2011 9:15 AM, John H wrote:
On Jul 23, 9:44 pm, Florida 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.
Fair would be nice.

There is no housing market currently.

Why should the IRS be involved in giving perks for taxpayers receiving
loans?

At current loan rates, are we talking a lot of money in interest deductions?

The IRS is trying to manipulate our lives with deductions, exemptions,
and credits.
*It's not fair*