Uncensored2008
Libertarian Radical
Moronic bullshit.
The MID does not increase home prices
Wrong!
One widely cited 1996 study by Dennis Capozza, Richard Green, and Patric Hendershott estimated that eliminating the mortgage interest and property tax deductions would reduce housing prices in the short term by an average of 13 percent nationwide, with regional changes ranging from 8 to 27 percent.
How Would Reforming the Mortgage Interest Deduction Affect the Housing Market?
The FAR left Brookings, huh?
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ZERO surprise there, you are about as far left as they come.
As I pointed out last time I slaughtered you on your regressive tax increase scheme, the burden of $75 million in new taxes placed on the backs of middle class homeowners.
Mortgage Interest Deduction: Ending The MID Will ... | Zillow
Now there should be no deductions, because there should be no income tax. But a far left progressive like you bristles, how can favors be granted sans direct taxes?
But until such time as direct taxes are eliminated, per the US Constitution, (prior to amendment) the scheme of you on the left to shift yet more of the tax burden to the middle is an atrocious one.
G-Tard is a Marxist who seeks to crush the middle under a mountain of obscene taxtion, but for lurkers:
Consumption and Use taxes are blind. When a person makes a purchase or makes use of an asset, the taxes are paid. No deductions, no exemptions; really no way to buy the legislators to create such exemptions. A grocer has no idea that you donated to Hillary, so you should pay no tax.
This principle goes beyond income tax. If you own something, you don't pay rent on it. If you pay rent on something, you don't own it. If you pay government for the privilege of living on property you supposedly own, then you are simply renting said property from the government,