10-12-2017, 02:52 PM
(10-12-2017, 01:21 PM)Benton Wrote: Luvnit asked about benefits being paid by the middle class that they don't typically get to enjoy. Those are just some of the things that come to mind. Along with the race horses. I forgot that one. I don't know a lot of blue collar folks who own a race horse they get to deduct. As with rental property and gamblers there's surely some, but it's probably not a huge number.
I'm going to go out on a limb and say the vast majority of gamblers are middle class.
The rental property thing is just like any other business. You deduct your expenses from your profit. I don't know why that sticks out to you as something different, and I don't think anyone would consider these freebies provided by the ultra-right. In fact they aren't freebies at all. You pay tax on profit. Those reduce your profit.
“History teaches that grave threats to liberty often come in times of urgency, when constitutional rights seem too extravagant to endure.”-Thurgood Marshall
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