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Do you really need someone to spell it out for you? The hypocrisy - understandable though it is - occurs when someone clearly knows the important of public schools, and understands that for public schools to work best, they require a mix, yet chooses private school instead.
Only the greatest fanatics are going to sacrifice their children's education for the ideal of public schools. Everyone else is going to either make sure the kids are in good public schools (which means, yes, they'll be in areas where most of the parents are high-achieving) or they'll send the kids to private schools. That's not even hypocrisy, unless they make the claim that high-achieving people should sacrifice their children to bad public schools. .
That isn't my number 1 worry, although I've maxed my phaseout for quite some time and will be above max phaseout for the rest of my life. I don't really have any substantive worry other than health. But to the extent I do have a worry, it would be getting freemkt to let me fund his relocation.
How many times have you posted about the PEP and Pease limits? From appearances, you are not only worried about these limits, but positively obsessed with them.
i thought all home owners who pay interest can deduct on their taxes; maybe it varies by state ?
also richer people have capital gains (properties, stocks, 401-k's, mutual funds, trust funds, 1099-div's, ...) that are taxed at a lower rate than most w-2 wage earners. poorer people usually cant afford such investmets.
no, mortgage interest is deducted on federal taxes. Some people lose the deduction though. The mortgage interest deduction is phased out as part of the phase-out of itemized deductions, which starts when your Adjusted Gross Income exceeds a certain amount (high income).
They also want the poor to have to go to godawful public schools while they send their own kids to private ones.
What percent of US private schools are sectarian schools? What percent of private school students attend those sectarian schools? Do you really think they draw more from the upper classes than from the lower and lower-middle classes?
Do you really need someone to spell it out for you? The hypocrisy - understandable though it is - occurs when someone clearly knows the important of public schools, and understands that for public schools to work best, they require a mix, yet chooses private school instead.
A mix of what? You won't even find liberals who can send their kids to private schools to get a better education sending their kids to public school for social warrior purposes?
He claims to have been an economic advisor to President Carter. Do you remember the economy under Carter? That is not a claim that is wise to make if you want anyone to believe you on economic issues, true or otherwise.
Not that it had anything to do with me, but economic times under Carter were as an island of sanity in comparison to what came both before and after.
How many times have you posted about the PEP and Pease limits? From appearances, you are not only worried about these limits, but positively obsessed with them.
Not in the least. I post in response to someone who doesn't know about the phase outs.
But then again, how many times have you posted that you ate in the Executive Dining Room of the Federal Reserve?
Carter, long gas lines due to energy crises. Economy was a mess. Interest rates were sky high.
Gas lines were more a Nixon thing. High interest rates were more a Reagan thing. Over the Carter years, GDP growth rates of 5.4%, 4.6%, 5.6%, and 3.2% were seen. Unemployment was at 7.5% when Carter arrived and 7.5% again when he left. It had fallen to 5.5% before the oil crisis hit and caused the brief and mild recession of 1980. As I said, these years were a high-water mark in comparison to the calamities of the late Nixon/Ford years and the first Reagan administration.
What percent of US private schools are sectarian schools? What percent of private school students attend those sectarian schools? Do you really think they draw more from the upper classes than from the lower and lower-middle classes?
I don't know. What I was discussing was upper-middle-class liberals, who can choose to send their kids to public or private schools depending on their preference, being opposed to school vouchers for the poor.
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