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Caring for parents and grandparents, paying off college loans and servicing a mortgage are all tax-deductible activities. I'm not saying it isn't hard to make e
by drags 16y ago
Caring for parents and grandparents, paying off college loans and servicing a mortgage are all tax-deductible activities. I'm not saying it isn't hard to make ends meet with all those obligations, but a tax hike would disproportionately affect his _discretionary_ income, not income that ends up being spent on caring for others or paying off student debt.
- keithwarren 16y agoBut current policy direction and talk is often focused around capping or ending deductions...