To: President Donald Trump, The United States House of Representatives, and The United States Senate
Easy tax fix
What could be more fair? Return the tax deductions to the middle class...those that our fathers and grandfathers enjoyed before Ronald Reagan expunged them. All interest on credit cards, car loans, and large appliances should be tax deductilble. Return to the middle working class the deductions that have been taken away by the far right.
Why is this important?
A middle class working couple do not have many tax deductions. Return to the middle class the deductions they had before Ronald Reagan.....all interest on credit cards was deductible, all interest paid on large appliances and cars was deductible, all interest on department store credit cards was deductible. These deductions would provide an even playing field.....the credit card companies still get paid, but the payer gets a tax deduction. Middle class families, and young singles who purchase a car out of necessity would get the interest paid as a tax deduction. This is a win-win proposal that would help the middle class imensely.