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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (593149)	11/10/2010 6:43:50 PM
From: steve harris	Respond to of 1579343

I'd love to see all capital gains taxed. No more "tax free" investments....

To: Tenchusatsu who wrote (593149)	11/10/2010 7:05:11 PM
From: TopCat	1 Recommendation Respond to of 1579343

"TopCat, it's to offset the elimination of the home mortgage deduction, IMO." After posting, I saw that.....but, I also agree with it entirely. Stop deductions (period)...the IRS should not be involved in social engineering. Just collect the damn taxes and, otherwise, get out of my life!

To: Tenchusatsu who wrote (593149)	11/11/2010 10:15:24 AM
From: longnshort	Read Replies (1) \| Respond to of 1579343

But they will slowly increase the tax rate over time after the mortgage deduction is gone Like they did after Reagan's tax cuts and the elimination of many deductions. Some people never learn and the politicians no that. So in 5-10 years we have the same tax rates as now but no mortgage deduction and the people lose more of their assets and power