[ugotme]

Originally Posted by buggyone

Remember - Nothing political here! Just reasonable ideas, please.

I got my first 1099 today and began thinking about Federal income tax reform ideas. Of course, there are the natural ones that come to mind first like institute a "flat tax" of a certain percent on everyone including corporations and of insuring that all people must file Federal income tax forms without any exceptions.

I am in favor of the idea of eliminating the deductions for mortgage interest and for charitable donations. This would not raise taxes on anyone and would garner much more money to reduce the national debt.

Any other NON-POLITICAL ideas?

Just an observation. If you eliminate the deductions for mortgage interest ALL of the people who utilize this will pay more taxes.