SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (171983)7/18/2003 2:45:46 PM
From: Jim McMannis  Read Replies (1) | Respond to of 1577031
 
RE:"Are you really that uninformed to compare a one time tax break in capital gains that is available to all people who own a house and one that has encouraged considerable reinvestment in R.E. to ones that most favor a minority of the taxpayers and may not encourage squat?"

One time? You can do it every two years or less if you pro-rate.
What it's done Ted is pushed housing prices into a bubble. Not only that it's pushes prices so out of reach of new home buyers and low income people that they now feel hopeless. All for the sake of some rich getting a lot richer.