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*JimH* wrote: wrote in message ups.com... wrote: Yep, they're all about lower taxes..... Notice the 50% increase in the tax rate for the folks on the bottom end of the scale? (Increases from 10% to 15%). Mortgage deduction: Too bad it can't be saved for inexpensive "starter" homes purchased by young families, but a good percentage of folks who are allowing the government to subsidize their personal housing expense (by enabling them to pay interest on $1mm mortgages with tax-free dollars)also fall into a group that gnashes and wails at the very thought of any public assistance for low income renters. Do you claim a deduction on your home mortgage interest Chuck? If you really believe what you said you would not. You need to set an example for the rest of us. ;-) Actually, I don't claim any mortgage interest deduction at all. (No mortgage, no interest). As far as an example goes; I hope you don't have to follow mine. AMT every stinking year. AMT; just another hosing of the middle class... :-( |
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