A fair point, but you would only enjoy that advantage for the first year. Btw, I am not a trader. Not even a sole proprietor or, sadly, even a private owner.
I'm not, practically speaking, on a trading forum; I confine my activity to the politics and religion board. But I once fancied that I'd start trading full-time, back in the "bull" market of the dotcom bubble, and that's how I found this place.
I like reading Maverick's posts about trading. Political or religious views probably don't have much correlation with trading.
he should be taxed on what he purchased, yes. i assure you, warren buffet purchases a lot, despite what he brags about. so too, does his company - which incidentally pays a LOT less tax than it should.
why is it you receive no benifit [sic] from the house you bought? as for interest being deductable on other consumable items, pray tell - what "consumable items" do consumers pay even remotely the same interest on as a house they've purchased? and the interest deduction isn't a "loophole". just because you think it shouldn't be in the tax code doesnt make it a loophole. a "loophole" is an accidental portion of the code that is interpreted or enforced in a different manner than how it is intended to be practiced. also, if you're going to answer each one of my posts with two of yours, this is going to get difficult to manage in terms of discussion very quickly. perhaps that's your intent.
Dude, do you not get how stupid you look when you type like this? Learn the fucking difference between "you're" and "your". That's twice in a row now.