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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: energyplay who wrote (64156)6/10/2010 10:11:51 PM
From: TobagoJack  Read Replies (2) of 217818
 
in the mean time, a headsup, just in in-tray, highlighting the fact that real estate is neither portable nor fungible, and is not to be confused with gold, that which is true and remains faithful

If passed, this certainly wouldn't help house prices...

taxprof.typepad.com

SNIP:

The popular tax break for mortgage interest, once considered untouchable, is falling under the scrutiny of policymakers and economic experts seeking ways to close huge deficits.

Although Congress last year rejected the White House’s proposed cut to the amount wealthier taxpayers can deduct for home mortgage interest payments, the administration included it again in its 2010 budget — saying it could save $208 billion over the next decade
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