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We really can't see any logic to going into debt just to reduce the tax liability. The entire tax code needs to be scrapped and start fresh. There is no logical reason citizens should need to hire a CPA to do taxes. Our taxes are simple and I still need Turbo Tax do do my taxes.
Our local PCA region is a non profit educational club. We are tax exempt. We still have to file the taxes each year. I did it for years because it was just one page. Then they "simplified" it. It is 4 pages of gobbledygook. We have a member that is a CPA file the taxes for the club each year.
It is a problem with politics in general. Both parties are to blame.
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Glen
49 Year member of the Porsche Club of America
1985 911 Carrera; 2017 Macan
1986 El Camino with Fuel Injected 350 Crate Engine
My Motto: I will never be too old to have a happy childhood!
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