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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: JohnM who wrote (245783)2/27/2014 3:14:57 PM
From: koan  Respond to of 543059
 
Yeah, me too and as far as I am concerned they can add letting renters deduct their rent.

I am sick and tired of the plutocrats and big corporations always getting their way.

Tax the rich and corporations and force them to bring back money from overseas and cut defense and there will be plenty of money to do implement the programs we need..



To: JohnM who wrote (245783)2/27/2014 3:26:30 PM
From: bentway  Read Replies (1) | Respond to of 543059
 
Camp's proposal drops the mortgage interest deductible cap from $1 mil to $500k. I'd like to see it only benefit the actual middle class or eliminate it. It is a move in the right direction.

Not mentioned is the ability to deduct interest on TWO homes!