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Mondo Fuego™
Get rid of tax deductions
Mon Nov 6, 2017 12:40pm
68.114.137.38

1. Eliminate home mortgage interest and property tax deductions. No reason for people who don't own a home to subsidize homeowners.

2. Eliminate state/local income tax deductions. No reason for low tax state residents to subsidize high tax state residents. If you don't like paying high state/local income taxes, move.

3. Eliminate charitable contribution deductions. If you want to make a charitable contribution, do it to be charitable. Don't expect everyone else to subsidize your benevolence.

4. Eliminate tax credits for buying electric cars and other supposedly "green" purchases. Totally ludicrous that over-taxed taxpayers are subsidizing $125K+ Teslas by hollywood limousine libeerals.

5. Eliminate government subsidies and low-interest loans to private enterprise. Let the "market" fund ventures like Tesla, wind turbines, solar panels. If they are such a good idea, they should be able to make it on their own.

6. Adjust tax rates so that they are fair to all, regardless of what you own, where you live, what you buy, and what you donate.

    • We should raise the gas tax, Ken C, Tue Nov 7 5:40am
      because of all the damage to the environment caused by making and using gas. I mostly agree with the rest of those ideas.
    • I am with you 100% on this, Mondo.DFM, Mon Nov 6 1:31pm
      First of all, a FLAT TAX RATE. No "Progressive" bullshit that just leads to income splitting and reassignment. Second, NO deductions, NO tax credits, NO tax-free bonds, NO tax shelters, NO Capital... more
      • I Differ With You...Amadeus, Mon Nov 6 2:19pm
        I say, consider the purpose of the tax code. What should it do ? Those who have achieved great wealth and great income should contribute more to society than those who have less. The contribution is... more
        • We used to have very high progressive rates. But NOBODY EVER PAID THEM. They were negated by the numerous tax breaks. Some people made MILLIONS each year and paid ZERO taxes because of breaks like... more
          • The Only Sensible Thing To Do...Amadeus, Tue Nov 7 7:39am
            *stop* No, it is not the only sensible thing to do. The answer here is not constrained to the dichotomy of all or nothing. Simple can be good, but simpler is not always better. As I said, there are... more
            • no one else has to compromise on theirs. You want us to get rid of all of the deductions you don't like, but keep the deductions you DO like. So does everyone else. End result? Everyone keeps their... more
            • LOLMondo Fuego™ , Tue Nov 7 8:57am
              Flailing with meaninglessness. "I" ... "I" ... "I". Conjures up the frail ghost of BoZoBaMa.
        • Your arguments are baselessMondo Fuego™ , Mon Nov 6 2:57pm
          1. You fail to state what the tax code "should" do. You are not in any position to state what the tax code "should" do. You are merely ne opinion out of millions. You don't speak for DFM or me or... more
          • rather applying an emotional cost... How much it HURTS to pay... So, his focus is making the rich HURT more, not just pay more. I forget the source of the concept but the idea starts out taxing the... more
            • Not Really...Amadeus, Tue Nov 7 7:44am
              I am looking at the financial impact. For someone who barely makes enough to get by before taxes are considered, a 25% tax is very financially painful. While for someone who makes much more money, a... more
              • ... anything else, for that matter. You run your agenda shit into the ground, and you never listen to sane people who are telling you that you are full of shit. Shelley wrote this poem with folks... more
              • Your own words convict you... "painful"...Sprout, Tue Nov 7 7:49am
                It's got nothing to do with value... but in HURTING a social group you do not like.
                • Really?Amadeus, Tue Nov 7 12:06pm
                  You have to be purposefully misreading what I'm writing to get your conclusion. If anything, I'm viewing the entire society as an organism and taxes as a needed injection that will cause some pain.... more
                • Pointing out the obvious.HeavyHemi, Tue Nov 7 8:22am
                  Hurting financially. Pretending his point was their 'feelings', you literally feigned ignorance to create an argument.
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