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An excerpt from Follow the Money Weekly Radio with Jerry Robinson – 11/13/10
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Transcript
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As I reported earlier on this program, President Obama’s Deficit Commission has proposed some major spending cuts to Social Security, limiting Medicare and has even suggested the elimination of the popular mortgage interest deduction for homeowners. They have also proposed lowering tax rates and simplifying the tax code.
So here’s this week’s question: If you are a homeowner, would you be willing to give up your mortgage deduction for a flat tax?
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s I reported earlier on this program, President Obama’s Deficit Commission has proposed some major spending cuts to Social Security, limiting Medicare and has even suggested the elimination of the popular mortgage interest deduction for homeowners. They have also proposed lowering tax rates andsimplifying the tax code.
So here’s this week’s question: If you are a homeowner, would you be willing to give up your mortgage deduction for a flat tax?
