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Originally posted by Sidd Finch
No, it means that he would treat rich people and poor people equitably, by not favoring income earned from passive investment over income earned from work.
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So part of his taking my retirement money is he'll take less of my income than he will of poorer people? Cause it sounds like he wants both. Or is he thinking it'll only apply to the Kennedy like amongst us?
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Tell me, do you think the mortgage interest deduction is a "step towards equality"?
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That is encouraging home ownership by making taxes less. But 1)the taxes I would otherwise pay don't go directly to anything- so it's not like the deduction takes from the poor (SS, especially G's SS, takes from the richer to give the poorer) it takes from the general fund- and home ownership can extend pretty far down the economic ladder.
