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In the discussion thread: About That Apple Tax Dodge [View all]

Response to former9thward (Reply #1)

Sun May 26, 2013, 07:07 PM

11. The problem is that we've grown very accustomed to those deductions

 

and people make financial decisions based on those deductions. Whether it's the mortgage deduction or student loan interest deduction.

Additionally tax deductions can encourage certain policies that better the country as a whole. For example, the deductions for buying electric cars or solar panels. Without that, it's hard for the government to encourage good social policies.

What we would be better off doing is blocking corporations from getting tax deductions. They can far better afford the cost of an unexpected expense, where as an individual would have trouble if their mortgage deduction went away suddenly.

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Replies to this discussion thread
Arrow 16 replies Author Time Post
marmar May 2013 OP
former9thward May 2013 #1
shawn703 May 2013 #3
mrdmk May 2013 #16
FreeJoe May 2013 #8
randome May 2013 #10
Egalitarian Thug May 2013 #15
LineLineNew Reply The problem is that we've grown very accustomed to those deductions
mythology May 2013 #11
former9thward May 2013 #12
Live and Learn May 2013 #13
Starry Messenger May 2013 #2
adieu May 2013 #4
byeya May 2013 #5
DallasNE May 2013 #6
davidpdx May 2013 #7
OnyxCollie May 2013 #9
xchrom May 2013 #14
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