[Grovenet] Are you better off ? ? ? ?

[Steven]

...the federal allowance for tax deductions for interest payments.

And heathcare problems created by tax deductions for businesses supplying
healthcare.
The RE bubble by tax deductions on personal home sales (well, partly).
Sales of large SUVs created by a tax break for purchasing vehicles over
6000lbs.

So these things work, if only a bit too well.
How about a tax break for working for a living. Starting a useful business
in small towns. Being a positive influence to your community. Any others?




-----Original Message-----
From: grovenet-bounces at rdrop.com [mailto:grovenet-bounces at rdrop.com]On
Behalf Of David Morelli

It started in the 1950's as the corporate types turned the war
machine into the consumer products machine and consumer
dissatisfaction had to be created to ensure sufficient demand.

About that time, we ceased to save so that we could pay cash for
homes and automobiles.

It continued with the adoption of credit cards, and the federal
allowance for tax deductions for interest payments.

It expanded when the Federal government ceased to have balanced budgets.

It lost all control when broadcast news agencies became advertiser
supported and public schools turned to corporate sponsors for core
education funding.

David


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