In response to:

Brain-lock Inside The Beltway

hmcdonald Wrote: Nov 30, 2012 11:54 AM
There's a big difference between raising rates and curbing deductions. Money once diverted to deductible items will be reallocated to more productive use. That's not a possibility with rate increases.
Kodiak5 Wrote: Nov 30, 2012 5:23 PM
That's the perfect socialist perspective -- when people send their money to a charity of their choosing and deduct it from their income, that's non-productive. When the government takes their money and gets to allocate it as they see fit -- politicians being the people's moral and intellectual superiors -- that's productive.
eddie again Wrote: Nov 30, 2012 1:03 PM
so helping the middle class obtain home ownership via the mortgage deduction is a less productive use of money than exactly what other items the government funds?

so encouraging the middle class to support charities via the charitable deduction is a less productive use of money than exactly what other items the government funds?

please tell me what the h you are talking about instead of throwing out some generalized assertion with no visible rationale, evidence or example!!!

It's at times like this I'm ashamed to admit I live inside the Beltway.

Well, that's probably not specific enough since I'm usually ashamed to admit I live inside the Beltway.

Still, the second you try to explain the stupidity of this "fiscal cliff" fiasco to a normal person, it makes William F. Buckley's famous declaration that he'd rather be governed by the first few hundred people listed in the Boston phone book than by the faculty of Harvard seem all the more reasonable.

While there are some responsible politicians and policymakers in Washington, if you look at the whole place...