23 Jul DO YOU THINK THIS DEDUCTION IS DISCRIMINATORY?
Individuals who own homes may take a tax deduction for interest paid. Many individuals be Show more Discussion Individuals who own homes may take a tax deduction for interest paid. Many individuals believe that this tax law discriminates against individuals who rent. Do you think this deduction is discriminatory? Explain and share your thoughts. Additionally gifts and inheritances have been excluded from gross income since 1913. Discuss the tax consequences of gifts made of property and any income produced by the property. What if any are the exclusions and taxable income according to Section 102. Show less
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