To: bestintxas
high income means you can afford a second home.
It is not just land houses. This also affects the private boat industry. (remember the luxury tax debacle?) Live aboard class boats can be a second home. (also camping vehicles)
53 posted on
04/16/2012 9:27:04 AM PDT by
longtermmemmory
(VOTE! http://www.senate.gov and http://www.house.gov)
To: longtermmemmory
high income means you can afford a second home. It is not just land houses. This also affects the private boat industry. (remember the luxury tax debacle?) Live aboard class boats can be a second home. (also camping vehicles)This is different from the luxury tax because the luxury tax discriminated against luxury consumption. The removal of home mortgage deductions merely removes the present discrimination in favor of loan-based home purchases.
60 posted on
04/16/2012 9:40:44 AM PDT by
Zhang Fei
(Let us pray that peace be now restored to the world and that God will preserve it always.)
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