A Comment About
The Deficit Commission’s Trial Balloon: A Few Good Ideas, and Two Horrible Ones that Deserve to Die
November 10, 2010 - 1:46 pm
ione
2010-11-10 17:15:43
My understanding is mortgage deductions would only be eliminated on primary residences costing over $500,000 and on second homes. I could be wrong, but that is what I heard reported.
I don’t like the 15% tax on gas but I’ll take it with everything else in the plan. But, only if every little piece of this is passed.
The only thing I don’t like is leaving Obamacare in tact. Replace that with a standard deduction for medical insurance premiums and I’m all for it.
Mostly it is fair. You gain and loose. It affects everyone and it rewards the economically prudent and the hard worker.
