Subject: Tax/ Social Security Reform Comment: We can combine tax reform and Social security reform by using the current Social Security Surplus to fund below market non-deductible home mortgage loans for U.S. homebuyers.A 4.5% SS home loan would pencil out to about the same cost as a 6% deductible traditional loan. It would however eliminate the need for long form filing for about 80% of t6ax payers. It also would create a "lock box" for Social Security because it takes real dollars to buy a house. Imagine if the $1.8 Trillion Trust fund in West Virginia consisted of collateralized mortgage notes with attached repayment schedules of principal and interest. Why didn't we do that in 1983? Keith Diffenderffer 619-298-9700 |