Word: handouts
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Dates: during 1980-1989
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JUST like a welfare program, this deduction represents a cost to the government that the rest of us pay for through higher taxes. Unlike welfare programs, however, the benefits of this handout go to people who don't need them...
...reform bill, a measure that eliminated dozens of cherished tax breaks altogether, Congress limited T and E deductions to 80 percent of their cost. That is a step in the right direction, but it isn't nearly enough. Wealthy investment bankers do not deserve any government handout...
...course not!" you say. "My parents are hardworking, tax-paying citizens. They wouldn't think of taking a government handout...
Lower quality of life for whom? People with second homes on Martha's Vineyard? Do they really deserve a multi-billion dollar government handout...
...wealthy as ours to ensure that no one has to sleep on a grate. Just as surely, it is the height of unfairness to take away housing funds from the poor while maintaining lavish deductions for middle-and upper-class homeowners. Congress should eliminate this $32 billion dollar handout to the wealthy and use that money to provide adequate housing for the truly needy...