Special interests put a lot of money into the coffers of our politicians in exchange for $1.2 trillion of annual tax expenditures in the tax code.
Are you talking about banks, businesses, or unions?
YOU allow the deductions because we have a 98 percent re-election rate for Congressional incumbents.
Nope, I live in Michigan where Democrats had most of control since 60's. I did not vote for them, your side did.
YOU allow the deductions every time you whine like a welfare queen if someone threatens the mortgage interest deduction or the child tax credit or the employer-sponsored health insurance exemption or the zillion other tax expenditures you defend.
I don't allow deductions, and if you follow my posts since I became member here, I am against all deductions, including standard deductions. As of my deductions, I'm going to keep writing off every single one, as long they are legally available to me.
You are a sucker if you defend these deductions, credits, and exemptions because they are actually TAKING money from your pocket while you gave been brainwashed into the big lie that you are getting to keep more of your own money.
Find one post where I defend existence of any deduction. You wont find it. However, as long they're in effect, I am going to use them.
As you can see from Trump taking advantage of the tax expenditures available to the wealthy, he gets to pay less taxes. So someone else has to make up the difference. And that's YOU, sucker.
Using current tax code in own favor doesn't means automatic tax avoidance. No, nobody is making up the difference for the money that was never paid to the system.
Your house cost more, and your tax rates are higher, because of the mortgage interest deduction. So while you have been led to bleev, "I am getting to keep more of my own money", the MID is actually zeroed out by the higher home price and higher tax rates you are paying.
Not necessarily. I build my own house and I save a lot of money that way, so I am actually ahead from the start. Yes, I do pay tax based on home value, but I paid for the home much less than is worth to begin with.
But your higher house price is a boon for the mortgage lenders, brokers, and real estate agents who make more profit from higher prices.
You're implying that everyone made the same mistake as you do. I explained above, how I saved money, not my problem if others do different.
Sucker!
In every way, shape, and form, tax expenditures are a means by which special interests tilt the playing field in their favor, while tricking the suckers into cooperating in the robbery of their own wallets.
I guess in your eyes I am one of those special interest tilt who isn't paying enough. Well, I'll exploit every tax break, every tax deduction, every loophole as long is there. For one simple reason... I don't like where government is spending my tax money.
