06-22-2015, 06:21 PM
(06-22-2015, 06:14 PM)michaelsean Wrote: And the $2500 is much more important to the middle class guy than the $4000 to the rich guy.
You can't be serious with this argument, can you? We have to give the rich bigger tax breaks because they are so rich that small tax breaks don't matter?
Really?
(06-22-2015, 06:14 PM)michaelsean Wrote: Bottom line is if you take it away, you hurt millions of middle class families. How much do you think you could cut their taxes by eliminating the interest deduction? I have no idea how to figure that out.
Bottom line is that by removing the $70 billion tax break that benefits the rich more than the lower and middle classes we can adjust the tax brackets so that EVERYONE benefits instead of just the people wealthy enough to have a mortgage large enough to be a tax deduction.
