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Let's get them damn rich yacht owners!!
On Jul 24, 10:24*am, John H wrote:
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.- Hide quoted text - - Show quoted text - I would say that anyone earning above the 'poverty level', as defined by the gov't, should start paying taxes. even if at a minimal rate. |
Let's get them damn rich yacht owners!!
On Sun, 24 Jul 2011 06:15:23 -0700 (PDT), John H
wrote: 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. Somewhat detrimental? Gee, you think? I think it would be fine to eliminate it, but not now. It is yet again one of those things that have a great deal of impact on the middle class and virtually no effect on the rich. |
Let's get them damn rich yacht owners!!
On Sun, 24 Jul 2011 10:47:58 -0400, Wayne B
wrote: On Sun, 24 Jul 2011 06:15:23 -0700 (PDT), John H wrote: 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. =========== Home ownership has always been part of the American dream and the interest rate deduction is a tacit reaffirmation of that goal. Without question home ownership leads to a more stable citizenship and increased two parent family formation. Those were worthwhile goals at the time and still are. Not according to some right-wing assholes in Congress, however. |
Let's get them damn rich yacht owners!!
On Sun, 24 Jul 2011 06:13:46 -0700 (PDT), John H
wrote: 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??? I was laughing with Wayne. |
Let's get them damn rich yacht owners!!
On Sun, 24 Jul 2011 09:07:20 -0400, Disgusted wrote:
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!! That's certainly true for many of them. The solution is not to ignore the vast differences in programs that are put forward between the two major parties. |
Let's get them damn rich yacht owners!!
On Sun, 24 Jul 2011 06:26:02 -0700 (PDT), John H
wrote: 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. That again? You might want to look for another right-wing talking point, as that one is complete nonsense. |
Let's get them damn rich yacht owners!!
On Sun, 24 Jul 2011 06:24:15 -0700 (PDT), John H
wrote: 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. Your right wing nonsense is showing again... |
Let's get them damn rich yacht owners!!
On 7/24/11 12:07 PM, North Star wrote:
On Jul 24, 10:24 am, John wrote: On Jul 23, 11:01 pm, North wrote: On Jul 23, 8:45 pm, John 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.- Hide quoted text - - Show quoted text - I would say that anyone earning above the 'poverty level', as defined by the gov't, should start paying taxes. even if at a minimal rate. Well isn't that convenient, that would make sure you didn't pay any taxes. |
Let's get them damn rich yacht owners!!
On 24/07/2011 7:58 AM, Harryk wrote:
In , says... 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? My new yacht has two heads and two showers. It's the best of the best. I wonder where my lobsta' boat went? I see you dream a lot. -- Obama, enslaving Americans with debt-tax slavery for a spending binge. Doesn't even borrow real money, Bernanke just creates it like a counterfeiter. . |
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