Ball State Deac
Well-known member
- Joined
- Mar 15, 2011
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BSD, his point has an inherent problem in that other countries who phased it in didn't start doing so during a time of high unemployment and housing price deflation.
If we were at 5% unemployment and growing home prices, his point would have more merit. At this point in time it will do much more harm than good.
All I know is that I'm going to get PAID come tax time and the only thing that changed was, well the two things that have changed: (1) marital status; and (2) I started paying my own mortgage, not some other dude's mortgage. What in the world that has to do with my taxable income I do not know.
If anything, I should be able to deduct the interest on my vehicle. It would help get Detroit up and running again and I absolutely need a vehicle for work. Whether I own or rent doesn't help me make money at work. My truck at least gets me to the office.