Is anybody in the US paying on a mortgage?

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oldnslo
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Is anybody in the US paying on a mortgage?

#1 Unread post 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.
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9000white
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#2 Unread post 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.
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High_Side
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#3 Unread post by High_Side »

Boo Hoo! :wink: 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..... :laughing:
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cb360
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#4 Unread post by cb360 »

The interestion deduction saved my bacon last year and I still have 300k to go.
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Jamers!
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#5 Unread post by Jamers! »

High_Side wrote:Boo Hoo! :wink: 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..... :laughing:


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 :)



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9000white
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#6 Unread post by 9000white »

i welcome implementation of the metric system--this is just another mental challenge that i will fail.
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oldnslo
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#7 Unread post by oldnslo »

I welcome being taken over by Canada....anything to get rid of Bush, eh. :)
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#8 Unread post by 9000white »

im sorry but the canadians are too late the mexicans are in power now.
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Jamers!
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#9 Unread post 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


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Re: Is anybody in the US paying on a mortgage?

#10 Unread post 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
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