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


To: DebtBomb who wrote (29224)7/15/2011 11:56:43 AM
From: Jim McMannis  Read Replies (1) | Respond to of 119362
 
Simply, they don't want to have to take back any of the bubble stuff they doled out. Roll back all compensation, tax breaks, to 1999. Problem solved.

Of course that means huge government compensation roll backs and some bush tax expirations. Now, now after the next election. Which is just kicking the can to get re-elected. One term limitations would be nice.
Eliminating some special RE tax breaks would insure it not happening again as would re-instating glass stegal.

At that point it would be easier to scrap the tax code and simplify.



To: DebtBomb who wrote (29224)7/15/2011 3:44:23 PM
From: Smiling Bob2 Recommendations  Read Replies (2) | Respond to of 119362
 
The plan is for WS to overtly own the US. Want to see a congressman? Pay Lloyd directly
Want to visit a Nat'l Park? Pay Lloyd.
Need a driver's license? Pay Lloyd.
You get the idea?