Kevin Kallaugher by Kevin Kallaugher

Kevin Kallaugher

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  1. Dredpiraterobt$

    Dredpiraterobt$ said, 5 months ago

    Yeah, I resemble that remark!
    .
    I know we have to look at it but it has to be a “Grandfathered” type of situation given that I took out my mortgage based on it being tax deductible. Eliminate that deductibility and I’m somewhat screwed!
    .
    Funny toon! And well illustrated! And true.

  2. Ottodesu

    Ottodesu said, 5 months ago

    Where I live the then socialist government did away with home mortgage tax deductions decades ago. I was upset. In exchange, we got free nationalised health care.
    Good trade, I truly reckon.

  3. Ms. Ima

    Ms. Ima said, 5 months ago

    @Ottodesu

    That sounds just WONDERFUL!!!! But don’t you realize that nothing is ‘free’ because someone somewhere pays for it? By your admission people not being encouraged to purchase houses because of tax deductions.

  4. vwdualnomand

    vwdualnomand said, 5 months ago

    loopholes, got to love loopholes.

  5. Libertarian1

    Libertarian1 said, 5 months ago

    Every deduction has a constituency. See Big Bird. When an elected official suggests cutting any entitlement the uproar from that tiny group is overwhelming and so nothing ever gets cut. Politicians don’t want to lose votes.

  6. Basqueian

    Basqueian said, 5 months ago

    Single payer health care, like Brittains National Health, eliminates jobs in the insurance industry because they become pointless leeches. Health care costs drop like stones, and many people who are not HMO leeches are very happy. But happy people, and sick people have no lobbyists. HMOs and insurance leeches have many. So, we have rising health care costs, no matter what, even if the actual costs dont suffer from inflation. HMO managers want new yachts.

  7. jonesb

    jonesb said, 5 months ago

    This is a regressive tax deduction for the rich, the more expensive your house the bigger the deduction. I can’t believe the “middle class” is so in love with a deduction that benefits the wall street scum more than anyone else.

  8. Ms. Ima

    Ms. Ima said, 5 months ago

    @jonesb

    It becomes no deduction when the house is paid for, as most of the rich don’t have mortgages. The mortgage deduction is a boon for the middle class since they don’t have cash to pay for a house. Everyone has their retirements in the stock market one way or another and when markets go up everyone wins. Calling an imaginary entity ‘scum’ only makes you feel better.

  9. Ms. Ima

    Ms. Ima said, 5 months ago

    @

    So the mighty educator has finally figured out that people that pay taxes are giving others a free ride? Won’t wonders ever cease! When will you realize that the global warming religion is a scam?

  10. Eryx

    Eryx said, 5 months ago

    @Ms. Ima

    When you can tell the difference between science and religion.

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