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Raven (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 08:16 AM Original message |
Is abolishing the mortgage interest deduction and the property tax |
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Le Taz Hot (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 08:16 AM Response to Original message |
1. Count on it. |
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mmonk (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 08:19 AM Response to Original message |
2. Yes, in a way. It is part of the right's flat tax proposals the last few decades. |
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jtown1123 (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 08:22 AM Response to Original message |
3. It was in Bowles Simpson and this is pretty much identical, so probably |
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SSDA (131 posts) Send PM | Profile | Ignore | Wed Jul-20-11 08:23 AM Response to Reply #3 |
4. This whole thing is disgusting! |
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jtown1123 (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 08:24 AM Response to Reply #4 |
5. It's so bad it seems unreal. Tax cuts to millionaires and take away middle class deductions |
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Name removed (0 posts) Send PM | Profile | Ignore | Wed Jul-20-11 08:28 AM Response to Reply #5 |
6. Deleted message |
Tesha (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 08:30 AM Response to Reply #5 |
7. This is what comes of thirty years of "holding one's nose" and voting for Republicans... |
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jtown1123 (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 08:30 AM Response to Reply #7 |
8. +1000 |
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QC (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 08:35 AM Response to Reply #7 |
10. Not to mention treating a primary campaign like American Idol, |
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dawg (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 09:04 AM Response to Reply #10 |
15. No, we can't be blamed for that. |
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John Agar (212 posts) Send PM | Profile | Ignore | Wed Jul-20-11 09:09 AM Response to Reply #15 |
18. It was a campaign full of false promise.. |
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femrap (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 10:00 AM Response to Reply #15 |
30. I wish the previous Governor |
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QC (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 10:18 AM Response to Reply #15 |
35. There were plenty of signs early on of what was to come: |
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newblewtoo (332 posts) Send PM | Profile | Ignore | Wed Jul-20-11 11:05 AM Response to Reply #15 |
40. blame me if you will |
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harun (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 10:08 AM Response to Reply #10 |
34. It's how every primary campaign in history has worked. |
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QC (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 10:19 AM Response to Reply #34 |
36. Very true. n/t |
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midnight (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 08:35 AM Response to Original message |
9. K&R for further input... |
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Raven (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 08:45 AM Response to Reply #9 |
11. I've just done some quick calculations and this will be a disaster |
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jtown1123 (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 08:46 AM Response to Reply #11 |
12. You're not wrong. |
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luckyleftyme2 (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 08:57 AM Response to Reply #11 |
13. you hit the nail on the head |
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JHB (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 09:07 AM Response to Reply #11 |
17. And how about the people who already have mortgages... |
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jtown1123 (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 09:10 AM Response to Reply #17 |
20. Oh they don't think about that at all. There is zero foresight in these discussions. |
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QC (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 09:55 AM Response to Reply #17 |
29. The people who matter don't have mortgages. They pay cash. n/t |
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jtown1123 (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 09:02 AM Response to Original message |
14. Update** Proposals don't eliminate, just severely reduces it |
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John Agar (212 posts) Send PM | Profile | Ignore | Wed Jul-20-11 09:06 AM Response to Reply #14 |
16. So, RAISING taxes on the Middle Class and working citizens... |
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jtown1123 (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 09:09 AM Response to Reply #16 |
19. Yes. Raising Middle class taxes so they can permanently extend Bush tax cuts |
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John Agar (212 posts) Send PM | Profile | Ignore | Wed Jul-20-11 09:13 AM Response to Reply #19 |
21. It is beyond horrific. |
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Kaleva (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 09:16 AM Response to Original message |
22. I don't see a problem with eliminating tax breaks on 2nd homes. |
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lamp_shade (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 09:20 AM Response to Reply #22 |
23. Neither do I. I think it's a good idea. |
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jtown1123 (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 10:05 AM Response to Reply #22 |
31. Great you don't see a problem this will hurt people who own one home |
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harun (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 10:07 AM Response to Reply #22 |
33. They should have done that a long time ago. |
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ecstatic (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 09:22 AM Response to Original message |
24. That would make walking away from a bad mortgage much easier |
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bvar22 (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 09:23 AM Response to Original message |
25. ! |
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Doctor_J (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 09:41 AM Response to Reply #25 |
28. Are you sure that picture of Limpballs isn't copyrighted? |
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Mrs. Ted Nancy (303 posts) Send PM | Profile | Ignore | Wed Jul-20-11 09:23 AM Response to Original message |
26. I thought they were getting rid of |
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jtown1123 (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 10:05 AM Response to Reply #26 |
32. No, not eliminating reducing. I believe it applies to everyone. |
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SOS (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 09:26 AM Response to Original message |
27. Ending mortgage interest deduction = end of US housing market |
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bemildred (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 11:06 AM Response to Reply #27 |
41. Pretty much, the last nail in the coffin. nt |
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tammywammy (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 10:43 AM Response to Original message |
37. Every thing I've read regarding mortgage deduction is for 2nd homes. n/t |
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jtown1123 (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 10:45 AM Response to Reply #37 |
38. Link? That's not what I've read... |
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tammywammy (1000+ posts) Send PM | Profile | Ignore | Wed Jul-20-11 10:47 AM Response to Reply #38 |
39. I checked Google News for 'mortgage deduction, debt ceiling' |
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