On Sun, 21 Dec 2003 00:54:37 -0000, "Oliver Keating"
wrote:

Because they if they are rich enough to be buying a second house (which I
regard as the ultimate frivoulous activity), they can certainly afford to be
screwed for every penny by the tax man.

Between us, my wife & I own 2 homes & rent a 3rd. Does that make us rich? Hardly. We have
our family home. We also own the home which, before our marriage, I shared with my mother;
my mother still lives there. My wife also rents an apartment near her work (1000 miles
from home).

Now should I sell my old home, thus making my mother homeless? Should my wife commute
daily?

If you want to tax rich people, tax income, not what people choose to spend their money
on.

--
Duncan