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Those things are paid for today using property taxes, just as they were paid for a century ago.
Property taxes do not fund federal programs. Federal funds are used for education, social programs, transportation, health care, Homeland Security, etc., as well as Department of Defense, which makes up a big chunk of the pie chart.
Property taxes do not fund federal programs. Federal funds are used for education, social programs, transportation, health care, Homeland Security, etc., as well as Department of Defense, which makes up a big chunk of the pie chart.
The quote that I quoted listed:
"fire and police protection, military, decent roads, schools"
How wonderful it is to see you listing a bunch of things that were outside of my quote.
The quote that I quoted listed:
"fire and police protection, military, decent roads, schools"
How wonderful it is to see you listing a bunch of things that were outside of my quote.
???? Dept. of Defense (military), transportation (roads), and education (schools), were not outside your quote.
In addition, state and local governments often receive federal funding earmarked for specific projects (example - California has received federal funds to fight the recent forest fires).
middle class in Southern California is more like $150,000 single income and $250,000 joint, perhaps 3X or 4X the national figures. Entry level homes (1700-1800sqft) still cost $500,000-600,000 here, ludicrous but true...and this is AFTER the 25% correction we have had. Taxes should be geographically indexed.
middle class in Southern California is more like $150,000 single income and $250,000 joint, perhaps 3X or 4X the national figures. Entry level homes (1700-1800sqft) still cost $500,000-600,000 here, ludicrous but true...and this is AFTER the 25% correction we have had. Taxes should be geographically indexed.
Actually, that's not a bad idea. I don't know that I've ever heard anyone propose this, but it makes sense. You can't really compare incomes dollar for dollar because the cost of living is so diverse in this country.
I really can't see why there should be deductions for mortgages, dependent children, etc.
All of those things are choices people make. I see no reason to reduce taxes for people with children (I have 3). I see no reason to reduce taxes for homeowners.
These deductions end up being incentives or behavior modification.
I really can't see why there should be deductions for mortgages, dependent children, etc.
All of those things are choices people make. I see no reason to reduce taxes for people with children (I have 3). I see no reason to reduce taxes for homeowners.
These deductions end up being incentives or behavior modification.
I somewhat understand an incentive to buy a home. I don't know if it's true or not, but the perception is that homeowners are more productive and stable members of society; that they are more prone to maintain and care for their neighborhoods. If nothing else, they help with the state and local tax base by paying property taxes.
I guess tax breaks of all types are to provide more disposable income to people (and corporations) so that they will then pump it into the economy.
I really can't see why there should be deductions for mortgages, dependent children, etc.
All of those things are choices people make. I see no reason to reduce taxes for people with children (I have 3). I see no reason to reduce taxes for homeowners.
These deductions end up being incentives or behavior modification.
Tax Theory 101 - when I was in college stated that income tax's primary purpose is to passively influence the behavior of the masses.
It is not to derive income for the government.
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