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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (19794)12/29/2004 12:08:00 PM
From: John Vosilla  Read Replies (1) | Respond to of 116555
 
Yes it truly impacts the middle class the most. And to boot housing values are usually assessed at close to fair market value except at the high end where there is usually a major divergence. Also any rise in sales tax disproportionately hurts the working person as well. The current regime has pulled a fast one on the masses who need to work for a living and expect their overvalued homes to fund their retirement.