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Is anybody in the US paying on a mortgage?
Posted: Sat Nov 05, 2005 8:30 pm
by oldnslo
George and his tax consultants are working on eliminating the interest as a tax-deductible item. Looks like just another measure to impoverish the middle class and pay for the Iraq-Nam war. The miserable SOB and his entire bloodline.
Posted: Sun Nov 06, 2005 2:09 am
by 9000white
well there is a bright side to it.
the supreme court fixed it so that if you voice any unhappiness about the new tax rule the government can declare your land imminent domain and simply take it from you.
Posted: Sun Nov 06, 2005 4:49 am
by High_Side
Boo Hoo!
We've never had that luxury up here. Next thing you know, you will be using the metric system and saying "eh" alot. We are taking over.....
Posted: Sun Nov 06, 2005 5:17 am
by cb360
The interestion deduction saved my bacon last year and I still have 300k to go.
Posted: Sun Nov 06, 2005 11:18 am
by Jamers!
High_Side wrote:Boo Hoo!
We've never had that luxury up here. Next thing you know, you will be using the metric system and saying "eh" alot. We are taking over.....
oh god, not the metric system, it may be simpler and more efficent, but i grew up with the starndard system and get confuzzled when i try to switch, so i hope that doesnt happen, eh
JWF
Posted: Sun Nov 06, 2005 11:51 am
by 9000white
i welcome implementation of the metric system--this is just another mental challenge that i will fail.
Posted: Sun Nov 06, 2005 1:30 pm
by oldnslo
I welcome being taken over by Canada....anything to get rid of Bush, eh.
Posted: Sun Nov 06, 2005 1:59 pm
by 9000white
im sorry but the canadians are too late the mexicans are in power now.
Posted: Sun Nov 06, 2005 3:51 pm
by Jamers!
9000white wrote:im sorry but the canadians are too late the mexicans are in power now.
ah "poo poo", and i cant speak spanish
JWF
Re: Is anybody in the US paying on a mortgage?
Posted: Mon Nov 07, 2005 10:48 am
by rdeviney
oldnslo wrote:George and his tax consultants are working on eliminating the interest as a tax-deductible item.
It's a trial balloon. W does this all the time. If the reaction is strongly negative, it just goes away. Ironically, the home mortgage deduction was a part of the original Income Tax bill. Anything from the White House on tax reform is some variation on: deductions for those contributing to the Republican party, and increases for ordinary working folks. Anything from the White House on Social Security reform is some variation on: how can transfer this huge pot of money to Wall Street, which is making so many contributions to our campaign coffers. Good read on the latter is "Raw Deal" by Joe Conason. Bob