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Now let's see if I understand this correctly. I buy a house. I pay monthly mortgage payments from previously taxed money. The bank is going to pay taxes on the interest they earned from my already taxed money.
If I can't deduct my interest that makes me essentially paying tax twice on that money as well.
Here's an idea for ya, stop giving my money to the lazy shits that won't work! I work hard for the money that comes into and out of my home. I already get whacked for making my home look nice via town taxes and reassessments. I already get whacked even harder for school taxes.
Sorry to veer OT here.
If I had to go with a tax plan at all I'm for this one. I will save money when I continue to buy second hand stuff when I need it.
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Wish I were out riding my bike.
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