Re:A Basic Income Is Smarter Than a Minimum Wage
by a3n on Monday April 04, 2016 @04:37PM
(#11425396)
My statement was exaggerated. Of course people object to it. I do. But relatively speaking, if you got rid of it there'd be all but revolution.
I actually prefer zero deductions for anything, for all people and entities. Here's the rate: pay it. If you're below the line we draw, you don't have to pay.
The difference in popular discourse is threefold: the mortgage interest deduction is less of a blue/red team tribal marker; it isn't as morally charged an issue (the arguments against it are more economic in nature than moralistic); a disproportionate number of the people who would be complaining about it are homeowners themselves and therefore heavily incentivized to keep it around, regardless of its economic effect.