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Politics : A US National Health Care System?
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To: J_F_Shepard who wrote (36338)5/1/2014 6:20:38 PM
From: Lane31 Recommendation

Recommended By
i-node

   of 42652
 
It's a break the rest of country doesn't get..... Interest on home mortgages is also a deduction and therefore a tax break....renters don't get that break...

There's a significant difference.

When the government is favoring a certain type of behavior like home ownership or child rearing, that's one thing. Some classes of people benefit and others don't. Fairness is called into question. Businesses have tax breaks like that, too, like favoring the development of green technology. Some businesses get it and others don't, just like owners and renters.

What you're calling a tax break on business expenses isn't that sort of thing at all. It's a different concept. Now, I know how much difficulty you have differentiating concepts but deductions for business expenses is just how they figure income, how much to tax. It's like not having to pay tax on the brokerage fee when you sell a stock or your home. It's because that's not income.

Two entirely different things.
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