Posted: Oct 20, 2005 By: Steve Labadie

Subject: Mortage Interest Rate Deduction

Comment: Dear Federal Tax Reform Panel:
If you lower the mortage interest rate deduction, you will destroy me...I'll will lose my home. Tens, if not hundreds of thousands of people will also be wiped out.
Please make it know that this sounds like the destruction of home ownership, contrary to President Bush's goals, and more in line with pro-tax liberalism.
I will never support the Republican Party again if this is allowed to happen.
I pray that other Pro-Bush citizens will speak up. You will absolutely destroy your credibility with your voting base. We would then be best off to vote Democrat, because if we can't afford our homes anymore, we may as well seek the social program benefits that the liberal party provides us through taxation. This is what you are doing. Taxing homeowners to their early graves.