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Displaying (4) Comments | Comment on this piece | Report objectionable art
RE: I agree they need to take steps in this direction, I'm just not sure how much imcapt it will have. After all, it's only the Fannie/Freddie loans, not the whole market. And I think I remember reading that there's a push to close down these two and start over with something else, although I'm not sure what that gains anybody except the political cover of having two effectively insolvent embarrassments go away. Rate this comment: 0 0
By: | Mar 13, 2014 | Report Comment
RE: It's hard to say what may make it and what won't- every tax has it's related ineestrt group. I think we may see the mortgage deduction reduced to $300-500K. Do $1M+ home buyers really need a deduction? But I have no doubt taxes will be going up- we have to pay that ineestrt on the debt one way or another.I'm in favor of a flat tax, say 5% of the first $50K and 20% everything over that with no deductions. I think it's important that everyone pay something, if only to keep them ineestrted in how the money is being spent, and give them some skin in the game. After that, a flat tax with no exclusions/deductions offers the fewest long term distortions for the economy as a whole. Rate this comment: 0 0
By: | Mar 12, 2014 | Report Comment
Alright aligrht alright that's exactly what I needed!
By: | Jan 27, 2012 | Report Comment
Aperpciation for this information is over 9000—thank you!
By: | Dec 03, 2011 | Report Comment
Cry for the Rainforest #9
jbade
Jane Palmer
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