The thing is, though, the people who need help to make kids more affordable, i.e. the poor, aren't making enough money to even itemize such a deduction anyway. And regardless, most of them aren't paying a dime of federal income tax anyway, so how is this supposed to help them? And that just ignores the question of whether we should be encouraging the poor to have even more kids anyway, especially since affording kids is a big problem to begin with.TwinTownBisonFan wrote:this is also a measure designed to make having kids more affordable (which is, by roundabout extension) about reducing abortions (seriously... that's how this stuff is viewed on the hill)GannonFan wrote:
I'm just against using the tax code to encourage behavior, especially when there is no scientific assurance that the behavior in question will alleviate the problem it is trying to solve. You can use the home mortgage interest deduction, in there to encourage home ownership, as an example of a tax code being used to encourage behavior that has, to an extent, gone wrong.
as for the mortgage deduction - it's the underpinning of middle class home ownership... a very good thing indeed... the world of mortgages and home financing on the other hand is complete shitmess and another story entirely.
The thing about the mortgage deduction, though, is that plenty of other countries have similar home ownership levels, even amongst the middle class, and yet they've accomplished this without enacting a mortgage deduction in the tax code. That's one of the fallacies of the whole mortgage deduction argument - there's enough proof out there that we don't need it to get the level of home ownership we want, and that ignores the debate over whether we should really want those home ownership levels anyway.


