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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (68166)	4/24/2018 12:44:00 PM
From: zzpat	Respond to of 358786

My personal opinion is we don't have enough money to pay our bills so we need to increase taxes ASAP. It's sad that so many people are hoodwinked into massive long-term debt in exchange for a short-term tax cut. All the debt has to be paid back with interest. In my example, most homeowners who'd lose out on deduction would be higher earners with bigger homes and a higher tax rate so it's not easy to figure out who's helped or harmed. Regardless, the higher deductible isn't going to fix a broken budget.