Tax rules need to be changed as "family" changes

Discussion in 'Politics' started by billwald, Dec 18, 2009.

  1. billwald

    billwald
    Expand Collapse
    Banned

    Joined:
    Jun 28, 2000
    Messages:
    11,414
    Likes Received:
    0
    The thread about parents living with grandparents . . . 100 years ago half of all Americans lived on the farm . . . several generation on one farm. Did the IRS argue about income distribution and deduction distribution between the generations? Was there an IRS 100 years ago?

    These days housing costs can be half of a family's budget. These days young working adults are not moving out and young parents are moving back in with grandparents. In other words, social conditions are regressing 100 years or more. Tax law needs to be changed to consider multi-generational families but only Congress can change it.
     
  2. targus

    targus
    Expand Collapse
    New Member

    Joined:
    Feb 10, 2008
    Messages:
    8,459
    Likes Received:
    0
    I am guessing that it was not an issue because farm families tended not to have outside jobs and mothers did not tend to work outside of the home.

    In terms of generations living under the same roof - yes.

    But not in terms of living on a farm without other employment.

    I agree - this is a reasonable line of thinking.
     

Share This Page

Loading...