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Would limit Section 125 deductions. That is an effective tax increase.
Would make insurance mandatory. If you currently choose to not have insurance, that is an effective tax increase.
Employer sponsored insurance would now show up on your W2. Why unless they plan to tax it? Another tax increase.
No insurance? Pay a steep fine - $3800 per family. Sounds like a tax increase.
I guess Obama won't be signing this one given his promise to not raise taxes.
If you also pile on the cost of Cap and Trade, which today reported that it will cost Americans $1,700 a year that is pretty expensive. How is this all helping to take the burden off the backs of the tax payers?
ONE of the causes for foreclosure in this country is due to those without Medical coverage or limited medical coverage. But to use your anology as well, many will forgo health coverage in order to avoid foreclosure.
uh I assume the guy who owns the home gets to deduct it. What he chooses to do with it is his business.
Why are renters and those who have car or CC debt prohibited from deducting a part of their liabilities? I'm all for deducting mortgage and student loan interest as long as all interest can be deducted.
Last edited by summers73; 09-16-2009 at 11:38 AM..
news flash in case you haven't kept up with some of the reasons for the many foreclosures in this country. Under the current system, many are in the poorhouse.
News flash for you. Fanny Mae, Freddie Mac and hussein obama's friends at ACORN, all run by Democrats, caused the housing crash by forcing banks to loan to people who could never make those payments. They put people in the poorhouse. Welcome to liberal land.
Cap N Trade..see how well it is working out in Europe..and how much they just love their new light bulbs...
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