*JimH* wrote:
"Gorf" wrote in message
. com...

"PocoLoco" wrote in message
...
On Thu, 20 Oct 2005 18:58:41 GMT, "Gorf" wrote:


"OlBlueEyes" wrote in message
...
Harry Krause wrote in
:

NOYB wrote:
"Harry Krause" wrote in message
...
NOYB wrote:
wrote in message
ups.com...
wrote:
Yep, they're all about lower taxes.....

Notice the 50% increase in the tax rate for the folks on the
bottom end of the scale? (Increases from 10% to 15%).

Mortgage deduction: Too bad it can't be saved for inexpensive
"starter" homes purchased by young families, but a good
percentage
of folks who are
allowing the government to subsidize their personal housing
expense (by enabling them to pay interest on $1mm mortgages with
tax-free dollars)
A tax cut isn't a subsidy!


also fall into a group that gnashes and wails at the very
thought of
any public assistance for low income renters. In reality, the
mortgage interest deduction is probably safe- can you say
"Catastrophic real estate crash", otherwise? It might be
reasonable to phase out the mortgage interest deduction over a
period of time, eliminating it entirely for mortgages dated
after
XX/XX/XX.

It is long past time for a bi-partisan effort to reduce spending
and/or raise taxes to restore some fiscal credibilty to our
runaway spendthrift FEDGOV.
I'd support the elimination of itemized deductions...BUT only if
they went to a flat tax across all income levels.




I'd make all income taxable at the current rates



, and increase exemptions for families earning under $50,000, and,
of course, I'd cut b ack drastically on corporate tax breaks. But
I
would offer incentives for those corporations building new
factories
and facilities in the USA.


So would you cut back the deductibility of home mortgages as
proposed?



I didn't say that, did I?

I would, however, eliminate the deduction for a second home.

What non-defense spending would you cut?

why stick with non-defense? 42% of the budget,approximately, goes to
military either past spending (i.e. Reagan's deficit) or current
spending
The military LOST, as in misplaced, one TRILLION dollars last year. If
that
was corporation all upper management would be in jail, because it is the
military it barely made the news....... The military needs to be made
accountable!

http://www.ccmep.org/2004_articles/i...t_military.htm


Now *that's* funny!

--
John H

You really should try get your news from more than one source...

http://www.sfgate.com/cgi-bin/articl...type=printable



sfgate.com and ccmep.com.....both are indeed credible sources of
information.

What do you find in the sfgate article that isn't truthful and correct?


LOL.

Idiots are easily amused.