In response to:

Yes, Slash Farm Subsidies — But Don't Stop There

1960Republican Wrote: Nov 26, 2012 5:31 AM
About the time the USSR was getting established, America also began turning to a "command economy." That's what all the tax policies are for. Just take the one all home owners like, the mortgage interest deduction. The theory is to make it easier for citizens to buy homes, thereby increasing the amount of manufacture and sales of A/C units, stoves, washers, dryers, etc. On the other hand, a renter in, let's say a 20 unit apartment building, does not get a mortgage interest deduction. His landlord gets a mortgage "expense" deduction (cont.).
1960Republican Wrote: Nov 26, 2012 5:40 AM
But the landlord has to provide only two washers and dryers, for his 20 tenants. He also gets an "expense" deduction for the cost of the washers and dryers. The renter has the worst of the deal, in tax policies. Interesting that most Europeans are renters, and we see how that is working out for them. Is my statement convoluted? Yes, the whole darned subject is that complex. "Command economies" work only for a little while, and nobody seems to notice that's what our tax policies have created.

THANKSGIVING IS behind us. The fiscal "cliff" looms ahead. And in less than six weeks, Massachusetts will have a new senator. Let's try to link them all in a single column.

As a candidate for the US Senate, Elizabeth Warren showed a livelier interest in raising federal revenues than in cutting government spending. But about one spending target the senator-elect has been admirably blunt. When asked to name some items in the federal budget she'd like to see slashed, the first program she cites is one of the most indefensible: agriculture subsidies.

To be sure, it's easier to oppose welfare...