Show Tax Loopholes It is almost impossible to listen to a politician without hearing the familiar cries of tax reform and loopholes But how many people understand wh what t tHes lies Hes behind the Ule shibboleths Few it it seems Interest on home mortgages is n 11 loop hole I It makes it easier for any American who wants a home to have one one Other medical loopholes children personal oc serve serve the same purpose that thatis is social benefit benent The same holds true for tax free muni cipal bond interest Municipalities issue bonds at low interest to finance schools water purification facilities and sewage treatment plants To compensate for the thelow thelow thelow low interest these Ulese bonds have n no taxes on their interest called So-called loopholes are actually carefully carefully care fully considered exemptions available to all for the benefit of all From the impression impression im im- im some candidates give exemptions exemptions tons are arc nothing but a refuge for the rich |