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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Tradelite who wrote (35259)7/13/2005 12:33:08 PM
From: redfishRead Replies (1) | Respond to of 306849
 
Lol, that is taking things a bit too far. I am playing the world's smallest violin for the oppressed homeowner who doesn't get a tax break on his new granite counters.

As if renters were rolling in tax breaks ...

When the revolution comes the granite counter people will be the first ones up against the wall.



To: Tradelite who wrote (35259)7/13/2005 12:56:18 PM
From: Elroy JetsonRead Replies (1) | Respond to of 306849
 
You're pitiful. You have received years of income tax deductions for your Mortgage, and local Property Tax payments.

. . . and unlike any other investment you will receive an exemption for $500,000 of your gains on sale.

Let's not forget to mention that your Mortgage interest rate was subsidized by prudent savers and over-burdened taxpayers.

Yet, after all of these lavish Federal subsides you still want more subsidies and more welfare from Uncle Sam. Oink, oink, oink.

You want those, with actual business skills, who made other prudent investments to pay for your welfare greed.

No doubt you feel entitled to more support from the American taxpayer to compensate you for your lack of business skills and mean selfish spirit.

What you deserve is a public flogging.
.



To: Tradelite who wrote (35259)7/13/2005 1:29:18 PM
From: Mike JohnstonRead Replies (2) | Respond to of 306849
 
How about taxpayers who rent.
They are subsidizing windfall profits for homeowners in 2 different ways:
1. They pay higher income taxes so that government can give housing speculators their 500K break.

2.As taxpayers they are on the hook if GSE's go bust, so that socialist housing finance system can be maintained.

Nobody likes paying taxes, but why not make them fair.
Why not eliminate taxes on stock market profits and savings ?



To: Tradelite who wrote (35259)7/13/2005 1:32:59 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
RE:"You're pitiful. You have received years of income tax deductions for your Mortgage, and local Property Tax payments.
Message 21500959
. . . and unlike any other investment you will receive an exemption for $500,000 of your gains on sale.
Let's not forget to mention that your Mortgage interest rate was subsidized by prudent savers and over-burdened taxpayers.
Yet, after all of these lavish Federal subsides you still want more subsidies and more welfare from Uncle Sam. Oink, oink, oink.
You want those, with actual business skills, who made other prudent investments to pay for your welfare greed.
No doubt you feel entitled to more support from the American taxpayer to compensate you for your lack of business skills and mean selfish spirit. What you deserve is a public flogging."

I dunno about the flogging but the selfish greed is pretty accurate. Hey, how about leveling the tax playing field so something productive will have a chance as an investment...