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December 26, 2007 at 9:28 AM #11329December 26, 2007 at 10:21 AM #124349crParticipant
Well, it would certainly lessen the American illusion that everyone should own a home. Of course NOT everyone should, and my guess is ending this deduction would hurt the housing market even more.
As if I needed another reason to keep renting.
December 26, 2007 at 10:21 AM #124497crParticipantWell, it would certainly lessen the American illusion that everyone should own a home. Of course NOT everyone should, and my guess is ending this deduction would hurt the housing market even more.
As if I needed another reason to keep renting.
December 26, 2007 at 10:21 AM #124519crParticipantWell, it would certainly lessen the American illusion that everyone should own a home. Of course NOT everyone should, and my guess is ending this deduction would hurt the housing market even more.
As if I needed another reason to keep renting.
December 26, 2007 at 10:21 AM #124576crParticipantWell, it would certainly lessen the American illusion that everyone should own a home. Of course NOT everyone should, and my guess is ending this deduction would hurt the housing market even more.
As if I needed another reason to keep renting.
December 26, 2007 at 10:21 AM #124598crParticipantWell, it would certainly lessen the American illusion that everyone should own a home. Of course NOT everyone should, and my guess is ending this deduction would hurt the housing market even more.
As if I needed another reason to keep renting.
December 26, 2007 at 11:21 AM #124374NeetaTParticipantThat would help me seeing that I always use the standard deduction. The problem is with a drop in home prices brings a drop in property tax revenue which I would not cry over, but for the authorities it would be the standard rob Peter to pay Paul scenario. Lose on property tax and gain on miscellaneous tax.
December 26, 2007 at 11:21 AM #124522NeetaTParticipantThat would help me seeing that I always use the standard deduction. The problem is with a drop in home prices brings a drop in property tax revenue which I would not cry over, but for the authorities it would be the standard rob Peter to pay Paul scenario. Lose on property tax and gain on miscellaneous tax.
December 26, 2007 at 11:21 AM #124544NeetaTParticipantThat would help me seeing that I always use the standard deduction. The problem is with a drop in home prices brings a drop in property tax revenue which I would not cry over, but for the authorities it would be the standard rob Peter to pay Paul scenario. Lose on property tax and gain on miscellaneous tax.
December 26, 2007 at 11:21 AM #124601NeetaTParticipantThat would help me seeing that I always use the standard deduction. The problem is with a drop in home prices brings a drop in property tax revenue which I would not cry over, but for the authorities it would be the standard rob Peter to pay Paul scenario. Lose on property tax and gain on miscellaneous tax.
December 26, 2007 at 11:21 AM #124623NeetaTParticipantThat would help me seeing that I always use the standard deduction. The problem is with a drop in home prices brings a drop in property tax revenue which I would not cry over, but for the authorities it would be the standard rob Peter to pay Paul scenario. Lose on property tax and gain on miscellaneous tax.
December 26, 2007 at 1:33 PM #124661CBadParticipantI seriously doubt we’ll see this happen but if it did, it wouldn’t bother me. As far as a drop in property tax revenue, gee what great things have we gotten out of the windfall of property tax increases over the last several years?
December 26, 2007 at 1:33 PM #124685CBadParticipantI seriously doubt we’ll see this happen but if it did, it wouldn’t bother me. As far as a drop in property tax revenue, gee what great things have we gotten out of the windfall of property tax increases over the last several years?
December 26, 2007 at 1:33 PM #124582CBadParticipantI seriously doubt we’ll see this happen but if it did, it wouldn’t bother me. As far as a drop in property tax revenue, gee what great things have we gotten out of the windfall of property tax increases over the last several years?
December 26, 2007 at 1:33 PM #124434CBadParticipantI seriously doubt we’ll see this happen but if it did, it wouldn’t bother me. As far as a drop in property tax revenue, gee what great things have we gotten out of the windfall of property tax increases over the last several years?
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