Friday, November 12, 2010
Obama Bipartisan Commission Recommendations Aimed at Middle America - Yahoo! News#buzzed=ac/20101112/7170818_obama_bipartisan_commission_recommendations_aimed_at_middle_america
Obama Bipartisan Commission Recommendations Aimed at Middle America - Yahoo! News#buzzed=ac/20101112/7170818_obama_bipartisan_commission_recommendations_aimed_at_middle_americaMost of the "savings" recommended by the commission are aimed at working middle income Americans. Eliminating property tax deductions discourages home ownership and encourages a transient, rootless population. Lifting deductions for state and local taxes while disallowing mortgage interest deductions will transport America to the land of unintended consequences.