Quote:
Originally Posted by AGDee
I agree with you on the tax breaks for NOT farming. I do think that you need to provide deductions for kids and home mortgage interest. $250,000.00 for a single person is very different than $250,000.00 for a family of 4. If you eliminate kids, then are you eliminating spouses who are not working also? Why would you NOT use household income per capita and instead only count income per person who is working? That doesn't make sense to me. Additionally, a lot more people would not be able to afford a house if the mortgage interest deductions were eliminated. The housing market is plenty unstable already. We don't need to add to that problem at this point in its very slow recovery.
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I don't think the government should be in the business of validating people's choices. Those who choose to have families on incomes of $15K or of $250K make choices. Taxes are paid on income, not on how one chooses to spend it.
Likewise housing. While I believe access to adequate housing is a right, I don't think home ownership is a right, and don't think the government should reward me more than the couple next door who has been renting their house for 35 years, by their choice.