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McCamy Taylor

(19,240 posts)

80. Mittens is going for the renters vote. Classic GOP Divide and Conquer.

Wed Oct 3, 2012, 05:28 PM

Oct 2012

By tomorrow talk radio will be all about "Why should ordinary white working stiffs who can not afford to buy a home subsidize houses bought by Blacks and Mexicans?" Never mind that a lot of the renters are either in the housing industry or have jobs made possible by the housing industry and this change in the tax codes will cost them their jobs.

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Highlight:

Mitt Romney suggests cutting mortgage interest deduction on eve of presidential debate [View all] Faygo Kid Oct 2012 OP

Probably the single stupidist idea to date.....the housing market would... yourout Oct 2012 #1

I heard the same opinion CthulhusEvilCousin Oct 2012 #29

Not to worry, it's only the deduction for your 1st house fasttense Oct 2012 #47

What happens if you don't know how many houses you own? KansDem Oct 2012 #77

They won't be taxed because if you don't know about them you won't report them. Kablooie Oct 2012 #95

McMansions will be able to buy several large properties Rosa Luxemburg Oct 2012 #85

the housing market will crater and foreclosures will skyrocket tk2kewl Oct 2012 #2

"Hey, Rocky! Watch me pull an Election Fail out of my hat!". . . Journeyman Oct 2012 #3

But Mittwinkle, That trick ALWAYS works! Salviati Oct 2012 #11

Mittwinkle! Another to add to the list! WestWisconsinDem Oct 2012 #15

that deduction keeps me in my house roguevalley Oct 2012 #4

Us too, we would be screwed without it. Heather MC Oct 2012 #13

It keeps many of us in our homes, or at least janx Oct 2012 #40

I find that hard to believe hfojvt Oct 2012 #90

Exactly! rob whitey Oct 2012 #92

it's worse than that though hfojvt Oct 2012 #96

Same here. Same for a lot of homeowners I know. Frank Cannon Oct 2012 #50

Add us to the list, too... OldDem2012 Oct 2012 #70

Bingo! Which is all part of DR Evils plan. sarcasmo Oct 2012 #88

No Flatpicker Oct 2012 #5

Yes, that was my first thought Kelvin Mace Oct 2012 #16

Dukat CthulhusEvilCousin Oct 2012 #31

My wife agrees with you.... KatyMan Oct 2012 #55

That takes some balls... PopeOxycontinI Oct 2012 #6

Good point: He took $77,000 deduction for his show horse. Faygo Kid Oct 2012 #8

Well that deduction would stay of course. Kingofalldems Oct 2012 #22

and that's the answer Corgigal Oct 2012 #72

What would he have taken if he thought no one was watching? Frustratedlady Oct 2012 #79

Don't think it's a deduction ... Sidnerd Oct 2012 #86

There is a big difference because the horse was a "business" while WCGreen Oct 2012 #46

Correction: That horse is a "hobby" under the IRS rules. Hassin Bin Sober Oct 2012 #69

Yes it sure does. redwitch Oct 2012 #89

The health insurance thing scares me spinbaby Oct 2012 #7

Crippling the middle class... awoke_in_2003 Oct 2012 #25

Keep it up, Mittwit, you're doing great! primavera Oct 2012 #9

does he even want to win? bluemarkers Oct 2012 #10

hey all those items are RW wet dreams wordpix Oct 2012 #27

OK, this does it. Brigid Oct 2012 #12

but if he does he will have one hell of a "mandate" lunasun Oct 2012 #35

is this interview on video? Heather MC Oct 2012 #14

Call KDVR-tv in Denver Wednesdays Oct 2012 #18

thanks checking, ETA: Found it! Heather MC Oct 2012 #21

Rmoney says he would consider a "bucket" of deductions that would be capped klook Oct 2012 #30

Once again he doesn't get it. Heather MC Oct 2012 #34

Exactly klook Oct 2012 #73

I was just explaining to my DH Heather MC Oct 2012 #75

I was just explaining to my DH Heather MC Oct 2012 #76

almost... rob whitey Oct 2012 #84

I feel like throwing up... I'm sorry, this is devastating to middle income people.... NotThisTime Oct 2012 #83

Look at this quote from your link! janx Oct 2012 #45

Mitt is Dangerous Heather MC Oct 2012 #56

Romney's people buy houses with cash. /nt Ash_F Oct 2012 #17

Not if they have any brains in their heads, they don't jmowreader Oct 2012 #32

"a bond that pays 20%"? muriel_volestrangler Oct 2012 #48

Hedge fund shares are legally bonds jmowreader Oct 2012 #71

A $17,000 cap? Mitt, you just po'ed a good chunk of your own voters!!! reformist2 Oct 2012 #19

OK, the new Romney/Ryan campaign slogan apparently is: Kelvin Mace Oct 2012 #20

Here is Willard's compromise central scrutinizer Oct 2012 #23

for those self employed- even more devastating is his cutting the health care deduction graham4anything Oct 2012 #24

Even coming from a robber baron like Romney, this is just remarkably stupid. Mojambo Oct 2012 #26

more proof Mittens is off his rocker - seemed that way when he went off on his boat on Labor Day wordpix Oct 2012 #28

I want to know why I should be upset by this. MrSlayer Oct 2012 #33

if you are purchasing a home, you get a deduction for your mortgage interest but the "bucket" thing wordpix Oct 2012 #61

good question! rob whitey Oct 2012 #97

OF COURSE HE IS King_Klonopin Oct 2012 #36

would that be the same bucket where he keeps his campaign? 0rganism Oct 2012 #37

Told ya! jmowreader Oct 2012 #38

Besides cratering the housing market, Beowulf Oct 2012 #39

You'd think so muriel_volestrangler Oct 2012 #49

bad enough the repubs hosed us by taking our Consumer Interest deduction away... progressivebydesign Oct 2012 #41

Tone deaf as always. We in the bottom of the middle need to keep above water. SleeplessinSoCal Oct 2012 #42

Cutting Interest Paid Deductions Would Put Bain Out of Business! mckara Oct 2012 #43

Mitts plan fill your bucket if your can. Historic NY Oct 2012 #44

Move over Spain, here comes America. We want the worst economy and most de-funded people so we RKP5637 Oct 2012 #51

Kinda knew this was his plan mindfulNJ Oct 2012 #52

What makes this concerning is about 50 million Americans are dumber than a RKP5637 Oct 2012 #53

Guy with wife with deductible horse hobby, wants to screw the large families holding mortgages HereSince1628 Oct 2012 #54

IN ROMNEY"S WORLD, DC BECOMES THE NEW DETROIT eringer Oct 2012 #57

all those Rmoney yard signs are "residents" from Congress, who can't vote in the District wordpix Oct 2012 #60

Way to go, Willard. Hugin Oct 2012 #58

He Would Have Been Better Off On the Road Oct 2012 #59

And here I've thought he was Romulan RoccoR5955 Oct 2012 #62

Yes! He keeps the streak alive! nt bemildred Oct 2012 #63

And this would help home sales how? NICO9000 Oct 2012 #64

Hmm. He doesn't even let that foot heal up before he shoots it again. truthisfreedom Oct 2012 #65

how about we cut the dancing, race horse, business trip deductions for a start? Sunlei Oct 2012 #66

A last ditch appeal to GREED. Spitfire of ATJ Oct 2012 #67

I just can't believe this is true renate Oct 2012 #68

"As An Option" DallasNE Oct 2012 #74

How much overlap is there between the high tax states such as New York hedgehog Oct 2012 #78

Mittens is going for the renters vote. Classic GOP Divide and Conquer. McCamy Taylor Oct 2012 #80

As if... Frisbee Oct 2012 #81

The housing market will CRASH again if he does this. What a moron!!!! LittlestStar Oct 2012 #82

Maybe the National Association of Realtors Ilsa Oct 2012 #87

What mortgage interest? Mellow56 Oct 2012 #91

And what about the renters? TexasBushwhacker Oct 2012 #93

Well, THAT will certainly solve the housing crisis, won't it? Kablooie Oct 2012 #94