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Mortgage Tax Breaks Benefit Wealthier To Buy Larger Homes More Than Boost Ownership

Discussion in 'Off Topic [BG]' started by Unrepresented, Mar 25, 2014.


  1. Unrepresented

    Unrepresented Something Borderline Offensive

    Jul 1, 2006
    San Diego, CA
    Is it time to reevaluate this program? It apparently serves those who need the least amount of help to purchase larger homes while driving up the cost for the rest of us, all this at a cost of $175 billion annually.
     
  2. DwaynieAD

    DwaynieAD Supporting Member

    Nov 20, 2010
    Mechanicsburg, PA
    well you still need to get a mortgage to buy your home, and we learned why not to give out mortgages to those who couldnt afford them, and of course banks went overboard on tightening the purse strings. so who can get a loan now? those who are well off. really no surprise.
     
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  4. Unrepresented

    Unrepresented Something Borderline Offensive

    Jul 1, 2006
    San Diego, CA
    If the program primarily serves to help wealthy people afford bigger homes, do we really need to devote $175 billion in tax dollars to it?
     
  5. DwaynieAD

    DwaynieAD Supporting Member

    Nov 20, 2010
    Mechanicsburg, PA
    A readjustment is definitely in order.
     
  6. Unrepresented

    Unrepresented Something Borderline Offensive

    Jul 1, 2006
    San Diego, CA
    Concordance by post five. I somehow expected this to be more divisive.:|
     
  7. Bloodhammer

    Bloodhammer Twinkle Twinkle Black Star

    Jul 7, 2009
    Basstalk247.com
    It's too bad (or good?) a certain person ragequit. He'd know what to do.
     
  8. Stewie26

    Stewie26 Gold Supporting Member

    Yeah...how do you have a discussion on class warfare if there is no one to shoot.
     
  9. Do we need to subsidize the payroll costs of businesses like Walmart? Do we need to grant tax breaks to some of the largest corporations in the world, thus bringing their effective tax rates down to zero percent? Do we need to continue eying trade agreements that will only benefit big business owners whilst throwing the rest of the US population under the bus?

    This is only one more thing to add to all of the nonsense that has been going on.
     
  10. Unrepresented

    Unrepresented Something Borderline Offensive

    Jul 1, 2006
    San Diego, CA
    This harmonious living is unacceptable!
    I fueled up my flamethrower for nothing.:(
     
  11. DwaynieAD

    DwaynieAD Supporting Member

    Nov 20, 2010
    Mechanicsburg, PA
    I'm only mostly argumentative
     
  12. DerHoggz

    DerHoggz I like cats :| Banned

    Feb 13, 2009
    Western Pennsylvania
    I've got the flares and Everclear!
     
  13. Unrepresented

    Unrepresented Something Borderline Offensive

    Jul 1, 2006
    San Diego, CA
    The best thing I took away from my trip to Kansas was the bottle of 190 proof Everclear hidden in my luggage.
     
  14. Stewie26

    Stewie26 Gold Supporting Member

    Well... we can't let that go to waste now can we.

    When I was around 13 or 14 my father explained to me the Golden Rule. In other words, the ones who have the gold make the rules. It has been like this for the last 6,000 years or so, ever since civilization has been in place. People have tried to change the golden rule for thousand of years and here we are today with the same issues. The simple fact is life is not fair. The only way to beat the golden rule it is to take the energy of complaining and put it towards finding ones own pot of gold. Just sayin.
     
  15. Unrepresented

    Unrepresented Something Borderline Offensive

    Jul 1, 2006
    San Diego, CA
    Informing and educating is the first step to changing things. What some people dismiss as "complaining" is often just the beginning of improvement.
     
  16. You can't just go & buy it at a liquor store at home?
     
  17. Stewie26

    Stewie26 Gold Supporting Member

    My point is there is always going to be people on the top and people on the bottom in every society no matter how much you try to level the playing field. Been like that for 6000 years.
    I found it made my life much easier and rewarding to play by the "existing rules" then trying to change the rules. But what worked for me may not work for everyone.
     
  18. Unrepresented

    Unrepresented Something Borderline Offensive

    Jul 1, 2006
    San Diego, CA
    I believe California limits the highest proof to 151, but I could just be shopping at the wrong stores.
    Working to succeed inside an imbalanced system may be easier for some, but I would rather support a better system, even if it's not "easier."
     
  19. DerHoggz

    DerHoggz I like cats :| Banned

    Feb 13, 2009
    Western Pennsylvania
    Okay, I found my propane torch and 32lb of magnesium, now what?
     
  20. Stewie26

    Stewie26 Gold Supporting Member

    Actually, I am glad there are people like you that want to fight for an idealist system where everyone is equal. I don't think you will ever win, (for reasons I stated earlier) but I do think you will make some headway and there will be some people that will benefit from your fight. In the meantime, I will live well.
     
  21. Unrepresented

    Unrepresented Something Borderline Offensive

    Jul 1, 2006
    San Diego, CA
    We're ready to make mortgage reform the "hot" new topic.[/Will Arnett voice]
     



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