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Originally Posted by victorbravo  I'm avoiding the question of whether debt is biblical. There is a diversity of opinion on that. Calvin thought it was fine in some cases, especially business, other reformers thought it was never fine. |
Yup... Obviously if you concluded that debt was simply condemned by God, that would settle the issue straight up.
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But I think it is important to realize what is behind the idea of tax deductions. It is an overt form of social engineering. Tax law (court decisions and commentary) considers deductions to come from "the grace of Congress." That phrase is literally used. This, of course, very obviously raises Congress to the level of a king or even of a god. Only a sovereign entity can distribute grace.
So quite clearly, the so-called sovereign has decided to encourage the use of debt. Economists who have their eyes open acknowledge that debt is the primary means of "creating" money.
So the social engineers not only dispense grace, they "create" (more or less ex nihilo) something they ought not--that is, the measure of wealth. It is rebellion at a basic level.
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By creating weath I assume you mean reserve banking? That could be another topic all on its own. Although that said, it does interest me, does the government have the right to create the currency it wants?
However, given the fact that we live in a society that is structured so, should christians take advantage of these things? Do they ever provide a true advantage?