We're Doomed, He Hasn't a Clue

[Antitrust32]

Originally Posted by jms62

No tax deduction for Mortgage Interest will further Savage the housing market. I would allow writeoff of interest on up to 1 million of mortgage principal.

well keep some then. I've never bought a house so I dont have experience with that.

but I think there should be a flat tax rate.. and no loopholes. maybe some deductions allowed, I never claimed to know everything!

but it really pisses me off when I have friends with kids get back more than what they paid in. that shouldnt happen.