The much-beloved Reagan tax reforms targeted tax deductions for installment loan interest like car payments and credit card interest, items the middle class once were able to deduct. He also started to tax tips to waitresses and babysitters. How much "hurt" did the wealthy feel back then? Republican tax reforms always end up costing the middle class and lower class to support the sweeping cuts for the wealthy. If they want to take away local tax deductions and home mortgage, then you know they are up to no good.