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GOP to get rid of mortgage interest rate deduction


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2012 Aug 21, 3:51am   34,421 views  75 comments

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73   rooemoore   2013 Nov 4, 6:47am  

Dan8267 says

People with mortgages should be taxed more for adding risk and instability to the economy and thereby affecting jobs negatively.

Instead, how about making sure people who are a risk don't get loans?

74   zzyzzx   2013 Nov 4, 7:01am  

HydroCabron says

If the GOP goes anywhere with this, the other side will have a field day: "Why are they starving granny?"

I'm pretty sure that the stereotypical grandma paid off her house a long time ago.

75   HydroCabron   2013 Nov 4, 7:04am  

zzyzzx says

HydroCabron says

If the GOP goes anywhere with this, the other side will have a field day: "Why are they starving granny?"

I'm pretty sure that the stereotypical grandma paid off her house a long time ago.

Have you paid any attention to the arguments in favor keeping Prop 13, or forgiving taxes on principal reductions? There are more grandmas who owe > $1 million on their homes than there are Mexicans in Mexico City! And it's not their fault - it's because their home went up in value so much, or something.

(Sorry, Patrick.net, but I'm going to spell that word as "principal." Call me contrarian.)

rooemoore says

Instead, how about making sure people who are a risk don't get loans?

Hey, look everyone: Karl Marx just posted here!

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