- Banned
- #121
Do we? Funny... every time I try to add my mortgage interest, I find that I don't have enough to itemize.. so I have to take the standard deduction.
No one gets more than the Standard deduction? Do you pay taxes? Methinks you are talking out your ass. I'm calling you a poser. You live with mommy yet?
Let me clue you in on something for the next time you try to have a debate on something you know nothing about. If your itemized deductions are not greater than the standard deduction, you use the standard deduction. If your itemized deduction are greater, you itemize.
It didn't used to be that way. You used to be able to use not only your Mortgage interest... but also your car interest.. your boy Ronnie Ray Gun took that out of the hands of the working class and effectively made it a rich man's perk.
This is a useless debate. Even if the rate for the "rich" does go up it won't cover nearly enough to even put a slight dent in the deficit. We need to stop wasting our time on this and talk about real solutions. And the area consuming most of the budget is entitlement spending. It's ripping us apart at the seams and it needs to be dealt with.
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