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In reply to the discussion: Mortgage Interest Deduction, Once a Sacred Cow, Is Under Scrutiny [View all]snooper2
(30,151 posts)65. The Worry Nannies are out in full force ROFL, what part of high-income households did you miss?
ROFL..
reminds me of the threads Obama's takin' my Social Security away!
I guess people have nothing better to do....
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Mortgage Interest Deduction, Once a Sacred Cow, Is Under Scrutiny [View all]
Omaha Steve
Nov 2012
OP
That's the key. If it's just limiting it, rather than eliminating it, it may not be a bad idea.
Gormy Cuss
Nov 2012
#28
actually it is, because your property's value is based in part on others' effective borrowing costs.
unblock
Nov 2012
#8
You do realize that there are many who are not in the same situation don't you?
still_one
Nov 2012
#44
Wouldn't it be nice if someone worried about universal health care, and someone worried about
still_one
Nov 2012
#57
i already have affordable healthcare. i've been on Medicare for 16 years.
BlueMan Votes
Nov 2012
#58
I used to work in rental management. Believe me, the owners were not passing their savings along.
LeftyMom
Nov 2012
#14
Property owners are charging what they can get away with, and not a cent less.
LeftyMom
Nov 2012
#24
again, it's a market effect, so you're not going to see it looking at any one owner's situation.
unblock
Nov 2012
#30
It's an imaginary effect. The reality is that property owners can buy policy and renters can't.
LeftyMom
Nov 2012
#34
check your history. unlike many tax loopholes, this one was one of those put in just for the rich.
unblock
Nov 2012
#48
How does that increase revenue for the country? That's what removing the MID is about. nt
Honeycombe8
Nov 2012
#20
I was asking how adding a rental payment to deductions increased revenue. nt
Honeycombe8
Nov 2012
#33
Where? There's a years long wait to get on the years long waiting list for Section 8.
LeftyMom
Nov 2012
#35
No, there was a years long wait to get on the wait list for Section 8 when times were good.
LeftyMom
Nov 2012
#39
It isn't because of mortgage deduction why the poor suffer, it is because of trillion dollar wars
still_one
Nov 2012
#45
The only thing I expected from President Obama is choosing good Supreme Court Justices
still_one
Nov 2012
#47
The Supreme Court was the main reason for voting Democratic at least this time
still_one
Nov 2012
#49
It is important. It is a lifetime appointment. We lost in 2000 because of the Supreme Court.
still_one
Nov 2012
#56
Reducing taxes on the rich sure helped put us in the hole. So why not let their taxes
kelliekat44
Nov 2012
#61
Reagan used affirmative action to make poor whites jealous, Walker used benefits of public workers
PurityOfEssence
Nov 2012
#62