- This topic has 30 replies, 7 voices, and was last updated 17 years, 1 month ago by
Eugene.
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December 26, 2007 at 9:28 AM #11329December 26, 2007 at 10:21 AM #124349
cr
ParticipantWell, 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 #124497cr
ParticipantWell, 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 #124519cr
ParticipantWell, 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 #124576cr
ParticipantWell, 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 #124598cr
ParticipantWell, 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 #124374NeetaT
ParticipantThat 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 #124522NeetaT
ParticipantThat 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 #124544NeetaT
ParticipantThat 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 #124601NeetaT
ParticipantThat 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 #124623NeetaT
ParticipantThat 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 #124661CBad
ParticipantI 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 #124685CBad
ParticipantI 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 #124582CBad
ParticipantI 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 #124434CBad
ParticipantI 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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