Trump cuts subsidy to real estate industry, opponents call it a tax increase

MindWars

Diamond Member
Oct 14, 2016
42,227
10,744
2,040
Among the many new directives and executive orders already issued by the Trump administration is a little-noticed order to halt a scheduled cut in mortgage insurance fees levied by the FHA.

Earlier in January, the Obama administration announced it would cut the FHA’s insurance premium by a quarter of a percentage point to 0.60 percent, effective on Jan. 27.
President steering U.S. away from another housing bubble

Trump Cuts Subsidy to Real Estate Industry, Opponents Call It a “Tax Increase”


-----------------------------------------------------------------------------

Better known as Government welfare. The Government will bail you out. Think of all those companies that were about to go under and Obama oh so saved them. Bush did a few too.
So you see we've really been tanking for a long time. Welfare to companies or people does not make a strong economy. It just rapes the people of their pay checks in multiple ways.

I think the reason most can't see that is because it isn't physically written on their pay checks. Example people can relate to how much is taken out of their pays because it clearly says " Social Security tax", , County or state tax , we pretty much see it... Then we have " FEDERAL TAX" which how many really know what the FED. tax is for exactly we don't.

We are being taxed to death, but nobody bails us out. We get told go get on welfare another Government funded way to keep you reliant upon the Feds/State/Gov.
 

Forum List

Back
Top