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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Alighieri who wrote (636151)11/15/2011 8:06:35 AM
From: PROLIFE  Respond to of 1578702
 
you guys are a bunch of hilarious self interested economists ...

HA! that coming right from alvin gore?



To: Alighieri who wrote (636151)11/15/2011 11:51:29 AM
From: Tenchusatsu  Read Replies (2) | Respond to of 1578702
 
Al, > LOL...you guys are a bunch of hilarious self interested economists ...

Wow, aren't you the sensitive type ...

I'm just stating a prediction based on sound economic principles. The less taxes people can deduct on their home mortgage interest, the less they'll be willing to offer for homes.

The home mortgage deduction is one of the most popular and skewed tax breaks in this country. A windfall for the bankers and existing homeowners, especially as interest rates fell over the past decade.

Tenchusatsu