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  1. #1
    Senior Member vmonkey56's Avatar
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    Congress / Bail Out / 1040 Tax Form Credit

    Today, Congress is thinking of adding the amendment to let us take $1000 home mortgage off on the 1040 tax form.

    This needs to be changed to INCLUDE ALL DEBT INTEREST: CREDIT CARD DEBT; HOME MORTGAGE INTEREST; ETC. ON THE 1040 FORM AS A TAX CREDIT.

    People who do the long schedule for tax would not get any advantage of this Bail Out.

    If this does pass we need to be telling these people what the PEOPLE WANT.

    NO TO THE BAIL OUT!
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  2. #2
    Senior Member Texan123's Avatar
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    Congress

    Why just debt interest? We just became committed to take a trillion dollar loss to pump up wall street.
    We should be able to write off ALL our loans. That would certainly stimulate my economic status. Then maybe, just maybe, I could afford the tax burden that will be coming as a result of this extortion.

  3. #3
    Senior Member vmonkey56's Avatar
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    YES! Why not?!
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  4. #4
    MW
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    Senior Member MW's Avatar
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    Vmonkey wrote:

    Today, Congress is thinking of adding the amendment to let us take $1000 home mortgage off on the 1040 tax form.
    This does me absolutely no good because my mortgage is paid for.

    "The only thing necessary for the triumph of evil is for good men to do nothing" ** Edmund Burke**

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