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


To: patron_anejo_por_favor who wrote (38804)8/22/2005 2:25:14 PM
From: Jim McMannisRespond to of 306849
 
Well, Bush is a lame duck President and the treasury isn't getting any tax money from it anyway.
I see that the NAR rep is directing traffic around the issue and trying to help the "poor". LOL
In 1996 when Forbes was touting a flatter tax the NAR ran radio ads against him. Complaining about the loss of any mortgage interest deduction. Just think what they will do now.



To: patron_anejo_por_favor who wrote (38804)8/22/2005 2:30:43 PM
From: Jim McMannisRespond to of 306849
 
RE:"Members have said at hearings that they are considering a wide range of ways to stimulate savings."

When you think about what the Congress has done to Savers it's almost criminal. They have essentially given risk takers, many with "nothing to lose" (no savings), the ability to leap frog right over them.



To: patron_anejo_por_favor who wrote (38804)8/22/2005 2:43:47 PM
From: Jim McMannisRead Replies (4) | Respond to of 306849
 
If the mortgage rate deduction on a second home was repealed and the Cap Gains was set to say 15% and The borders were closed and illegals sent home to get a permit...where do you think RE prices in bubble areas would end up?