Let's get them damn rich yacht owners!!
 

On 7/24/2011 6:39 AM, Wayne B wrote:
On Sat, 23 Jul 2011 20:01:05 -0700 (PDT), North Star
wrote:

What the 'ell are you whining about??
We don't get a mortgage interest deduction on our income taxes for our
principal home.. let alone cottages or boats.
No wonder the USA is in such deep debt.... no one wants to pay their
fair share of taxes.
It's not that simple. Actually I think that most people do want to
pay their fair share but it gets complicated when the rules change in
mid-stream. People make long term financial decisions based on the
tax structure in place at that time, and then they have to live with
that decision expecting the rules to stay the same.


It should be that simple. The tax code is a quagmire that needs to be
simplified, not expanded. Same with legislation.

Let's get them damn rich yacht owners!!
 

On 7/24/11 8:37 AM, Florida Jim wrote:
On 7/24/2011 6:39 AM, Wayne B wrote:
On Sat, 23 Jul 2011 20:01:05 -0700 (PDT), North Star
wrote:

What the 'ell are you whining about??
We don't get a mortgage interest deduction on our income taxes for our
principal home.. let alone cottages or boats.
No wonder the USA is in such deep debt.... no one wants to pay their
fair share of taxes.
It's not that simple. Actually I think that most people do want to
pay their fair share but it gets complicated when the rules change in
mid-stream. People make long term financial decisions based on the
tax structure in place at that time, and then they have to live with
that decision expecting the rules to stay the same.


It should be that simple. The tax code is a quagmire that needs to be
simplified, not expanded. Same with legislation.

It's a quagmire because the people with money pay lobbyists big bucks to
have exemptions written into the tax code for them. The rich simply do
not want to pay their fair share of taxes.

Let's get them damn rich yacht owners!!
 

On 7/24/2011 8:40 AM, Harryk wrote:
On 7/24/11 8:37 AM, Florida Jim wrote:
On 7/24/2011 6:39 AM, Wayne B wrote:
On Sat, 23 Jul 2011 20:01:05 -0700 (PDT), North Star
wrote:

What the 'ell are you whining about??
We don't get a mortgage interest deduction on our income taxes for our
principal home.. let alone cottages or boats.
No wonder the USA is in such deep debt.... no one wants to pay their
fair share of taxes.
It's not that simple. Actually I think that most people do want to
pay their fair share but it gets complicated when the rules change in
mid-stream. People make long term financial decisions based on the
tax structure in place at that time, and then they have to live with
that decision expecting the rules to stay the same.


It should be that simple. The tax code is a quagmire that needs to be
simplified, not expanded. Same with legislation.

It's a quagmire because the people with money pay lobbyists big bucks to
have exemptions written into the tax code for them. The rich simply do
not want to pay their fair share of taxes.


And why do these congress critters, on both sides, yield to the
lobbyists. Oh...they're looking out for our well being. NOT!!

Let's get them damn rich yacht owners!!
 

On 7/24/2011 8:40 AM, Harryk wrote:
On 7/24/11 8:37 AM, Florida Jim wrote:
On 7/24/2011 6:39 AM, Wayne B wrote:
On Sat, 23 Jul 2011 20:01:05 -0700 (PDT), North Star
wrote:

What the 'ell are you whining about??
We don't get a mortgage interest deduction on our income taxes for our
principal home.. let alone cottages or boats.
No wonder the USA is in such deep debt.... no one wants to pay their
fair share of taxes.
It's not that simple. Actually I think that most people do want to
pay their fair share but it gets complicated when the rules change in
mid-stream. People make long term financial decisions based on the
tax structure in place at that time, and then they have to live with
that decision expecting the rules to stay the same.


It should be that simple. The tax code is a quagmire that needs to be
simplified, not expanded. Same with legislation.

It's a quagmire because the people with money pay lobbyists big bucks
to have exemptions written into the tax code for them. The rich simply
do not want to pay their fair share of taxes.

Lobbyists don't write the laws or tax codes. The simply use greed and
fear to intimidate lawmakers into doing their bidding. Now, if we had a
significant number of honest lawmakers, the people with money couldn't
control government. Who's pulling OhBama's strings? Yup. You got it.
Government is corrupt at the very top. So how do we attack the problem?
From the bottom up, or top down?

Let's get them damn rich yacht owners!!
 

On Jul 23, 8:58*pm, Harryk 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?

Let's get them damn rich yacht owners!!
 

On Jul 23, 9:35*pm, wrote:
On Sat, 23 Jul 2011 20:58:14 -0400, Harryk
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

Please read your post. At what are you laughing?

What if???

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.

Let's get them damn rich yacht owners!!
 

On Jul 23, 11:01*pm, North Star wrote:
On Jul 23, 8:45*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.

Why do they pick only on boat owners?

What the 'ell are you whining about??
We don't get a mortgage interest deduction on our income taxes for our
principal home.. let alone cottages or boats.
No wonder the USA is in such deep debt.... no one wants to pay their
fair share of taxes.

Donnie, how do you define 'fair share'. Remember, we have about 47% of
our population who pay *no* federal income taxes.

Let's get them damn rich yacht owners!!
 

On Jul 24, 8:40*am, Harryk wrote:
On 7/24/11 8:37 AM, Florida Jim wrote:









On 7/24/2011 6:39 AM, Wayne B wrote:
On Sat, 23 Jul 2011 20:01:05 -0700 (PDT), North Star
wrote:

What the 'ell are you whining about??
We don't get a mortgage interest deduction on our income taxes for our
principal home.. let alone cottages or boats.
No wonder the USA is in such deep debt.... no one wants to pay their
fair share of taxes.
It's not that simple. Actually I think that most people do want to
pay their fair share but it gets complicated when the rules change in
mid-stream. People make long term financial decisions based on the
tax structure in place at that time, and then they have to live with
that decision expecting the rules to stay the same.

It should be that simple. The tax code is a quagmire that needs to be
simplified, not expanded. Same with legislation.

It's a quagmire because the people with money pay lobbyists big bucks to
have exemptions written into the tax code for them. The rich simply do
not want to pay their fair share of taxes.

Neither do the 47% who pay *no* income taxes.

Let's get them damn rich yacht owners!!
 

On Jul 24, 1:28*am, "*e#c" wrote:
On Jul 23, 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.

Why do they pick only on boat owners?

A portable Hassock, a Naptha Cookstove, and some lifejackets to lie on
doesn't qualify for a Head, Stove, and a Bed you imbecile.

My 21'er slept two in the cuddy, and had a portapotty installed. My
dual burner Coleman gas stove definitely qualified as a cooking
facility.

Note: I didn't need to call you any names to get across my point.