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stinkcat_14
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So, you are in favor of eliminating the mortgage interest deduction?Hello, I’m Caesar. You have now.![]()
So, you are in favor of eliminating the mortgage interest deduction?Hello, I’m Caesar. You have now.![]()
That’s because you mistake the meaning of “conservative.”The problem I have is that I have never met a true conservative. This issue is great example. We like to complain about our tax code, except when we get goodies out of it. For example, a while back I said we should eliminate the mortgage interest deduction. I was amazed at the number of conservatives who thought that would be terrible for the economy. In other words, what they are saying is that we can’t trust the free market, but we need the government to control the economy. Now tell me, is that a conservative idea or a liberal idea?
It is not allowing people to keep their money that I object to. If we eliminated the mortgage interest deduction, tax rates could be cut across the board, which would be much better for the economy.That’s because you mistake the meaning of “conservative.”
Allowing people to keep their money is not “getting goodies” – unless you subscribe to the theory the people are slaves of the government and the fruits of their labor belong to the government before they belong to those who earn them.
Not taxing people – for whatever reason – is allowing them to keep their money.It is not allowing people to keep their money that I object to. If we eliminated the mortgage interest deduction, tax rates could be cut across the board, which would be much better for the economy.
Allowing people to keep their own money is all the justification anyone needs.There is no economic justification for the mortgage interest deduction that a true conservative could make.
Would you also eliminate the standard deduction for dependents? For medical expenses? For charitable contributions?The housing market doesn’t need tax policy to funnel money into the housing sector. Let people make their own decisions where they want to invest and lower tax rates across the board is a much better idea.
While the “non-profit” status of Government is debatable, it is important to note that “not-for-profit organization” is not synonymous with “charitable organization.”think one of the reason we should let government take care of thes things is because governement is, by its very nature, a non-profit organization.
But why is having a mortgage interest deduction better than a tax cut across the board?Not taxing people – for whatever reason – is allowing them to keep their money.
Allowing people to keep their own money is all the justification anyone needs.
Absolutely!Would you also eliminate the standard deduction for dependents? For medical expenses? For charitable contributions?
Because that’s not a choice we’re offered.But why is having a mortgage interest deduction better than a tax cut across the board?
But a true conservative would never take a mortgage interest deduction over an across the board tax cut.Because that’s not a choice we’re offered.
Further, tax cuts are ephemeral. But mortgages are long-term. The tax cut Congress passes this year, they can take away next year.
A few points:But a true conservative would never take a mortgage interest deduction over an across the board tax cut.
Actually, I am just responding to what someone put forth as the definition of a conservative.A few points:
- I don’t believe conservatives voted to give you the power to define what they believe.
I fail how a conservative could be in favor of the government using tax policy to favor one type of investment over another.A massive and complex tax code has become a powerful weapon politicians can use to pressure citizens to behave as the politicians, or the interest groups that support the politicians, wish. The correct function of taxation is to equitably collect only that revenue needed to fund the legitimate activities of a constitutionally limited government.
In that case, why was your post in the form of a challenge?Actually, I am just responding to what someone put forth as the definition of a conservative.
We agree – you fail.I fail how a conservative could be in favor of the government using tax policy to favor one type of investment over another.
Ok, in what situations is it appropriate to use the tax code to affect economic behavior? Please explain why the market is not effective enough by itself?In that case, why was your post in the form of a challenge?
We agree – you fail.![]()
What has this got to do with “economic behavior?” I favor allowing people to keep the money they earn.Ok, in what situations is it appropriate to use the tax code to affect economic behavior? Please explain why the market is not effective enough by itself?
I’m in favor of removing the government from all economics and letting the free market run by itself – managed by the invisible hand.So, you are in favor of eliminating the mortgage interest deduction?
And so am I. Unfortunately, that doesn’t happen in this universe – too many people want the government to spoon feed them, with other people’s money.I’m in favor of removing the government from all economics and letting the free market run by itself – managed by the invisible hand.
And of course, the mortgage interest deduction distorts the invisible hand.I’m in favor of removing the government from all economics and letting the free market run by itself – managed by the invisible hand.
Yes, it’s this growing sense of entitlement spread by the liberals/socialists. People think they have a right to this or that. Does anybody even read the constitution anymore? It was written to prevent this from happening.And so am I. Unfortunately, that doesn’t happen in this universe – too many people want the government to spoon feed them, with other people’s money.
There are at least four members of the Supreme Court who feel the Constitution is a dead letter.Yes, it’s this growing sense of entitlement spread by the liberals/socialists. People think they have a right to this or that. Does anybody even read the constitution anymore? It was written to prevent this from happening.
Moderate-to-liberal. That is about the only thing we can deduct on our income taxes now! And I use what I get back from Uncle Sam to pay…my spring taxes!!The problem I have is that I have never met a true conservative.
You have NOW.
This issue is great example. We like to complain about our tax code, except when we get goodies out of it. For example, a while back I said we should eliminate the mortgage interest deduction. I was amazed at the number of conservatives who thought that would be terrible for the economy. In other words, what they are saying is that we can’t trust the free market, but we need the government to control the economy. Now tell me, is that a conservative idea or a liberal idea?
I’m in favor of removing the government from all economics and letting the free market run by itself – managed by the invisible hand.
So increase the deregulations of savings and loan industry, as Reagan did, and the mortgage and financial institutions that second Pres Bush did? Did you notice the results? Massive bankruptcies, that gravely damaged our Economy. Would you also stop the Tax Payer sudsidizing the massive loses, the fedral govrnment bailouts of biggest financial institutions, as both fiscally liberal Presidents did? Please furnish one Nation wherin the free market successfully managed itself. One example will do. Vivat Jesus, not self. :D