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Old 08-03-2011, 07:48 AM   #11
innerSpaceman
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Yeah, I'm with you on that. But I think something has to be around for a while to cause its elimination to be a defacto tax raise. The mortgage interest deduction qualifies.

But the payroll tax holiday that is likely to expire in December and has been around for only a year - will that be a tax raise? Personally, I don't think so - even though the effect is my taxes are "higher" than they were for a year.


Alex, Entitlements are just that. Social Security is an entitlement because I'm just going to be getting back (essentially) what I paid into the system. I'm entitled to that money. I paid into the system specifically to get that back later. Same with Medicare.

Tax deductions are not the same. No one is "entitled" to tax deductions. Well, corporations are, of course, but I hope you get my point.
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