So, say I want to buy a house, but I cannot afford one unless I get to deduct 
the interest from my mortgage payments.


Even if you pay fewer dollars in taxes because nobody has any deductions thus 
more money comes in at lower percentage rates?  

Yes, that's a big if!  It would be very like our government to just increase 
spending to use up the increase and then some, but it is a dream!


--------------
Ian Skinner
Web Programmer
BloodSource
www.BloodSource.org
Sacramento, CA
 
"C code. C code run. Run code run. Please!"
- Cynthia Dunning

....-----Original Message-----
....From: Nick McClure [mailto:[EMAIL PROTECTED]
....Sent: Thursday, February 17, 2005 3:03 PM
....To: CF-Community
....Subject: RE: Taxes and Millionaires
....
....So, say I want to buy a house, but I cannot afford one unless I get to
....deduct the interest from my mortgage payments.
....
....It doesn't eliminate the IRS, you still have pay your taxes, some body
....has
....to keep track of it.
....
....-----Original Message-----
....From: Gruss Gott [mailto:[EMAIL PROTECTED]
....Sent: Thursday, February 17, 2005 5:37 PM
....To: CF-Community
....Subject: Re: Taxes and Millionaires
....
....> Nick wrote:
....> Yeah, I was wondering that as well.
....>
....
....You eliminate the social engineering with the "flat" part.
....
....That is, If you make $X you pay %Y, no exceptions, no deductions, etc.
.... I would even favor voting exceptions into it after we start from
....scratch, but they could only be added during presidential elections
....and voted on by the people.
....
....
....
....

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