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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (746965)	8/4/2006 11:09:16 AM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769670

If you tell people that one form of 'income' is more valued then others (& thus, rewarded with a lower tax rate) you are starting down that long, slippery road again of having the government pick the winners and the losers --- and you are well on you way to lowered economic growth potentials again. Re: mortgages. That is another important question. I don't believe that the current preferences in our tax codes for DEBT are appropriate, or advisable. Why should ONE FORM of asset accumulation (borrowing money, going into debt) be given tax favors that ALL OTHER FORMS of asset accumulation are denied? Why should debt be advantaged when retained earnings are not? When equity issuance is not?