Franklin Delano Roosevelt once stated that "subsidies go not to the needy, but the greedy." He was right on the money with that statement and this article is a perfect example of a blatant tax subsidy.
This article is a perfect example of why the tax system in the United States is so screwed up. The tax code is written for the rich and powerful by Congress who are, despite their political party affiliation, mostly rich and powerful.
Yes, and without additional research from this story I would have gone on feeling sorry for the property owner. It would help if journalism was re-instated into our news services.
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It would be nice if we could get new beyond politics.
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A little context behind the easy news story helped me in this case. This is the type of tax cut that needs to be done away with, to much room to take advantage of it.
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