Quote:
Originally posted by notcasesensitive
He thinks this doesn't constitute a tax increase? I'm pretty sure I have a good constitutional challenge to the elimination of the state income tax deduction within one year after I moved from a state with zero income tax to one of the highest state income tax jurisdictions. That constitutes cruel and unusual punishment, right Burger?
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Huh? Not so sure on that, but the reforms made sense. The basic premise of the state tax part is that if you live in a high tax state you probably get high benefits. Why should the federal gov't subsidize that. The problem is compounded by some states' using sales taxes.
As for mortgages, same problem--what do we get from the subsidy? An "ownership society"? The benefits also accrue more to the rich, beyond just that they have bigger mortgages.
