1. McShame and Little Lindsey Graham tout the $Rmoney Plan
GEE, what a novel idea. Cap deductions at $30,00 to $40,000. Where have we heard that before?
Just as McShame was soundly defeated in 2008, so was $Rmoney in 2012. American citizens voted overwhelmingly FOR raising the tax rate on the top 2%. They voted AGAINST the $Rmoney plan which included capping deductions.
In large metro areas (New York, Chicago, most of California) where home prices, home mortgage interest, and property taxes are sky high, such a cap would hit many middle class Americans. Such a cap would cripple charities.
It is amazing how repugnant pontificators continue to disguise the $Rmoney-Ryan plan as something new.