CommunityPam's House Blend

Vote for Bush, kiss your mortgage interest deduction goodbye. Yep, Edwards is hitting him hard with this bombshell. There’s a lively thread about this on Daily Kos.

That’s a winning issue, because it hits a huge chunk of the electorate right in the wallet. The Bush campaign did not deny that Bush was looking at this possibility, since they are proposing tax reform that includes consideration of the “flat tax.”:

Under a true consumption levy, allowing investment income to go tax-free would have to be coupled with ending the tax deduction for interest paid by corporations and by homeowners on their mortgages — a huge and far less popular change.

KE04 should be all over this one.

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Pam Spaulding

Pam Spaulding