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Mortgage Interest Deduction in danger....
Posted on 7/10/13 at 4:05 pm
Posted on 7/10/13 at 4:05 pm
of being screwed up by the same folks that love ethanol so much they are mandating 15% ethanol/failure at the pumps. Nice
LINK
How could anyone think that touching the interest deduction wouldnt hurt the housing market is beyond comprehension.
Im left with just one thought.....just another tool /regulation used to share the wealth.
LINK
How could anyone think that touching the interest deduction wouldnt hurt the housing market is beyond comprehension.
Im left with just one thought.....just another tool /regulation used to share the wealth.
Posted on 7/10/13 at 4:12 pm to MoreOrLes
quote:
Close to half of homeowners with mortgages—mostly lower and middle-income families—received no benefit from the deduction, according to Fisher.
What a pile of bullshite.....
Posted on 7/11/13 at 7:38 am to MoreOrLes
quote:
Mortgage Interest Deduction in danger....
I have always wondered why interest paid for a home mortgage is given deductible status.
I, for one, would like to see the mortgage interest deduction phased out over a given time period for existing borrowers.
Posted on 7/11/13 at 8:06 am to MoreOrLes
1) repeal income tax (along with all deductions, credits, etc.)
2) national sales tax of 15% on EVERYTHING (including food and medicine).
Done
2) national sales tax of 15% on EVERYTHING (including food and medicine).
Done
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