(09-11-2024 08:11 AM)Marc Mensa Wrote: Trump offered nothing… no plans, no specifics, nothing but lies & grievance.
His response on his “healthcare” plan was completely representative of his entire performance. If there are people who were truly undecided going into last night’s debate, then he certainly helped make their decision for them.
So what did Harris offer?
Did she crystallize her policy plans? No.
Did she have planned talking points ahead of time that deviated from the question? Yes.
She spoke on new housing initiatives for 1st time home buyers, small business tax credits of 50k, a tax credit for families of 6k…
She was prepared. He was a rambling wreck. Trump didn’t cost himself with his base, as Biden did in June, but he certainly didn’t help himself with undecideds either. Harris, on the other hand, clearly did.
Quote:The Child Tax Credit and the Budget
The CTC is among the largest tax expenditures — in 2023 it was the fourth most expensive tax expenditure and cost $122 billion,
That's with the credit at $2,000 so at $6,000 it bring the cost of that to....
1/3 of a trillion dollars a year. Most families with children pay a tax rate of 3 to 6%. With the $6,000 their tax rate will fall to 0 or -0.
So explain to me why people in their 50s and working Sr's, along with those who do not have children should pay for this give away? I'm talking college student and those that's just starting out because the average age for having a child in America is now around 30 years old. You think it's a good ideal to give a parent $108,000 over 18 years just because they had a child? You do know there is no limit to the number of children? Five children would be $540,000 of welfare for that parent.
While you are doing that dive into the $25k for first time home buyers and tell me why I should pay to give you 25k to help you buy a home? When you do that go ahead and tell us what that's going to do for the housing market? Oh, hell I'll tell you....
its going to do the very same thing that took place in late 2021 till six months ago. It's going to drive supply way lower than demand and prices will start shooting up, and up and up, till that 25K is a negative by the time you buy the home.
In my area price cuts have been taken place steadily for about 6 months. Now I live in a city of 60k so that might be different in a major city. But my guess and I track these things (close but not totally) so its not really a guess. At least 75% of all homes listed had price cuts of 2 to more before selling. I'm talking total of about 20 to 25%
Sorry but that's not helping to drive prices down...
Since 2010 we bought 101 homes and some we sold for 3x the amount paid but I'm going to limit the below to Trump and Biden as president
between 2016 and 2020 we bought 32 homes and between 2022 and 2024 we sold 28 of those homes for a 85% to 140% increase in price. And very few updates on them. I'm talking homes we bought in the 75k to 130K range for rentals. Major city you talking 170k to 290k for these homes....2 & 3 BR 1000 to 1400 sq ft
The only thing giving people 25k will do is cost them more money when prices start shooting back up. Guess what that's also going to do....
PROPERTY TAX is also going up for everyone
With the above, why should anyone pay for your mortgage with the mortgage interest deduction? Are you as equally opposed to that as much as Harris’s proposal?
Are you really comparing a deduction to a refundable tax credit? The deduction is a BUSINESS cost that is deductible and it's related to the INCOME. It's available to you, me, every tom, dick, and harry that wants to start a BUSINESS.
It's not a cash give away welfare payout. A payout that you not only deduct but also get a dollar for dollar back.
You seriously trying to compare the two as being the same? If that is what you are doing let me go ahead and say....
Harris has an indi problem, in that indi's in the cycle are going with Trump. So when fake polls start coming out showing Harris with a lead, look at the details of how the indi's in their poll tracked. If they dont go heavily for Trump, the poll is a complete farce.
(This post was last modified: 09-12-2024 09:14 AM by UofMstateU.)
(09-12-2024 09:13 AM)UofMstateU Wrote: Harris has an indi problem, in that indi's in the cycle are going with Trump. So when fake polls start coming out showing Harris with a lead, look at the details of how the indi's in their poll tracked. If they dont go heavily for Trump, the poll is a complete farce.
Polls are useless, I know this comes up from time to time, but there is only one pole that matters.
(09-11-2024 08:12 AM)WalkThePlank Wrote: So what did Harris offer?
Did she crystallize her policy plans? No.
Did she have planned talking points ahead of time that deviated from the question? Yes.
She spoke on new housing initiatives for 1st time home buyers, small business tax credits of 50k, a tax credit for families of 6k…
She was prepared. He was a rambling wreck. Trump didn’t cost himself with his base, as Biden did in June, but he certainly didn’t help himself with undecideds either. Harris, on the other hand, clearly did.
Quote:The Child Tax Credit and the Budget
The CTC is among the largest tax expenditures — in 2023 it was the fourth most expensive tax expenditure and cost $122 billion,
That's with the credit at $2,000 so at $6,000 it bring the cost of that to....
1/3 of a trillion dollars a year. Most families with children pay a tax rate of 3 to 6%. With the $6,000 their tax rate will fall to 0 or -0.
So explain to me why people in their 50s and working Sr's, along with those who do not have children should pay for this give away? I'm talking college student and those that's just starting out because the average age for having a child in America is now around 30 years old. You think it's a good ideal to give a parent $108,000 over 18 years just because they had a child? You do know there is no limit to the number of children? Five children would be $540,000 of welfare for that parent.
While you are doing that dive into the $25k for first time home buyers and tell me why I should pay to give you 25k to help you buy a home? When you do that go ahead and tell us what that's going to do for the housing market? Oh, hell I'll tell you....
its going to do the very same thing that took place in late 2021 till six months ago. It's going to drive supply way lower than demand and prices will start shooting up, and up and up, till that 25K is a negative by the time you buy the home.
In my area price cuts have been taken place steadily for about 6 months. Now I live in a city of 60k so that might be different in a major city. But my guess and I track these things (close but not totally) so its not really a guess. At least 75% of all homes listed had price cuts of 2 to more before selling. I'm talking total of about 20 to 25%
Sorry but that's not helping to drive prices down...
Since 2010 we bought 101 homes and some we sold for 3x the amount paid but I'm going to limit the below to Trump and Biden as president
between 2016 and 2020 we bought 32 homes and between 2022 and 2024 we sold 28 of those homes for a 85% to 140% increase in price. And very few updates on them. I'm talking homes we bought in the 75k to 130K range for rentals. Major city you talking 170k to 290k for these homes....2 & 3 BR 1000 to 1400 sq ft
The only thing giving people 25k will do is cost them more money when prices start shooting back up. Guess what that's also going to do....
PROPERTY TAX is also going up for everyone
With the above, why should anyone pay for your mortgage with the mortgage interest deduction? Are you as equally opposed to that as much as Harris’s proposal?
Are you really comparing a deduction to a refundable tax credit? The deduction is a BUSINESS cost that is deductible and it's related to the INCOME. It's available to you, me, every tom, dick, and harry that wants to start a BUSINESS.
The mortgage interest deduction is not a business cost. Everyone that has a mortgage (business or home) is given a federal income tax deduction on the interest.
Quote:It's not a cash give away welfare payout. A payout that you not only deduct but also get a dollar for dollar back.
The mortgage interest deduction for private dwelling home mortgages absolutely us a form of welfare largesse.
Quote:You seriously trying to compare the two as being the same?
Yes. For a homeowner and occupant it is directly equivalent to the welfare aspect you are apparently against above.
[quote
If that is what you are doing let me go ahead and say....
f'ing idiot
[/quote]
Maybe look up the home mortgage interest deduction prior to handing out the ad hom above.
(09-11-2024 08:35 AM)Marc Mensa Wrote: She spoke on new housing initiatives for 1st time home buyers, small business tax credits of 50k, a tax credit for families of 6k…
She was prepared. He was a rambling wreck. Trump didn’t cost himself with his base, as Biden did in June, but he certainly didn’t help himself with undecideds either. Harris, on the other hand, clearly did.
Quote:The Child Tax Credit and the Budget
The CTC is among the largest tax expenditures — in 2023 it was the fourth most expensive tax expenditure and cost $122 billion,
That's with the credit at $2,000 so at $6,000 it bring the cost of that to....
1/3 of a trillion dollars a year. Most families with children pay a tax rate of 3 to 6%. With the $6,000 their tax rate will fall to 0 or -0.
So explain to me why people in their 50s and working Sr's, along with those who do not have children should pay for this give away? I'm talking college student and those that's just starting out because the average age for having a child in America is now around 30 years old. You think it's a good ideal to give a parent $108,000 over 18 years just because they had a child? You do know there is no limit to the number of children? Five children would be $540,000 of welfare for that parent.
While you are doing that dive into the $25k for first time home buyers and tell me why I should pay to give you 25k to help you buy a home? When you do that go ahead and tell us what that's going to do for the housing market? Oh, hell I'll tell you....
its going to do the very same thing that took place in late 2021 till six months ago. It's going to drive supply way lower than demand and prices will start shooting up, and up and up, till that 25K is a negative by the time you buy the home.
In my area price cuts have been taken place steadily for about 6 months. Now I live in a city of 60k so that might be different in a major city. But my guess and I track these things (close but not totally) so its not really a guess. At least 75% of all homes listed had price cuts of 2 to more before selling. I'm talking total of about 20 to 25%
Sorry but that's not helping to drive prices down...
Since 2010 we bought 101 homes and some we sold for 3x the amount paid but I'm going to limit the below to Trump and Biden as president
between 2016 and 2020 we bought 32 homes and between 2022 and 2024 we sold 28 of those homes for a 85% to 140% increase in price. And very few updates on them. I'm talking homes we bought in the 75k to 130K range for rentals. Major city you talking 170k to 290k for these homes....2 & 3 BR 1000 to 1400 sq ft
The only thing giving people 25k will do is cost them more money when prices start shooting back up. Guess what that's also going to do....
PROPERTY TAX is also going up for everyone
With the above, why should anyone pay for your mortgage with the mortgage interest deduction? Are you as equally opposed to that as much as Harris’s proposal?
Are you really comparing a deduction to a refundable tax credit? The deduction is a BUSINESS cost that is deductible and it's related to the INCOME. It's available to you, me, every tom, dick, and harry that wants to start a BUSINESS.
The mortgage interest deduction is not a business cost. Everyone that has a mortgage (business or home) is given a federal income tax deduction on the interest.
Quote:It's not a cash give away welfare payout. A payout that you not only deduct but also get a dollar for dollar back.
The mortgage interest deduction for private dwelling home mortgages absolutely us a form of welfare largesse.
Quote:You seriously trying to compare the two as being the same?
Yes. For a homeowner and occupant it is directly equivalent to the welfare aspect you are apparently against above.
[quote
If that is what you are doing let me go ahead and say....
f'ing idiot
Maybe look up the home mortgage interest deduction prior to handing out the ad hom above.
[/quote]
I take it you dont have kids and havent used the child tax credit. Because it is in no way the same as a mortgage interest deduction.
(09-11-2024 08:35 AM)Marc Mensa Wrote: She spoke on new housing initiatives for 1st time home buyers, small business tax credits of 50k, a tax credit for families of 6k…
She was prepared. He was a rambling wreck. Trump didn’t cost himself with his base, as Biden did in June, but he certainly didn’t help himself with undecideds either. Harris, on the other hand, clearly did.
Quote:The Child Tax Credit and the Budget
The CTC is among the largest tax expenditures — in 2023 it was the fourth most expensive tax expenditure and cost $122 billion,
That's with the credit at $2,000 so at $6,000 it bring the cost of that to....
1/3 of a trillion dollars a year. Most families with children pay a tax rate of 3 to 6%. With the $6,000 their tax rate will fall to 0 or -0.
So explain to me why people in their 50s and working Sr's, along with those who do not have children should pay for this give away? I'm talking college student and those that's just starting out because the average age for having a child in America is now around 30 years old. You think it's a good ideal to give a parent $108,000 over 18 years just because they had a child? You do know there is no limit to the number of children? Five children would be $540,000 of welfare for that parent.
While you are doing that dive into the $25k for first time home buyers and tell me why I should pay to give you 25k to help you buy a home? When you do that go ahead and tell us what that's going to do for the housing market? Oh, hell I'll tell you....
its going to do the very same thing that took place in late 2021 till six months ago. It's going to drive supply way lower than demand and prices will start shooting up, and up and up, till that 25K is a negative by the time you buy the home.
In my area price cuts have been taken place steadily for about 6 months. Now I live in a city of 60k so that might be different in a major city. But my guess and I track these things (close but not totally) so its not really a guess. At least 75% of all homes listed had price cuts of 2 to more before selling. I'm talking total of about 20 to 25%
Sorry but that's not helping to drive prices down...
Since 2010 we bought 101 homes and some we sold for 3x the amount paid but I'm going to limit the below to Trump and Biden as president
between 2016 and 2020 we bought 32 homes and between 2022 and 2024 we sold 28 of those homes for a 85% to 140% increase in price. And very few updates on them. I'm talking homes we bought in the 75k to 130K range for rentals. Major city you talking 170k to 290k for these homes....2 & 3 BR 1000 to 1400 sq ft
The only thing giving people 25k will do is cost them more money when prices start shooting back up. Guess what that's also going to do....
PROPERTY TAX is also going up for everyone
With the above, why should anyone pay for your mortgage with the mortgage interest deduction? Are you as equally opposed to that as much as Harris’s proposal?
Are you really comparing a deduction to a refundable tax credit? The deduction is a BUSINESS cost that is deductible and it's related to the INCOME. It's available to you, me, every tom, dick, and harry that wants to start a BUSINESS.
The mortgage interest deduction is not a business cost. Everyone that has a mortgage (business or home) is given a federal income tax deduction on the interest.
Quote:It's not a cash give away welfare payout. A payout that you not only deduct but also get a dollar for dollar back.
The mortgage interest deduction for private dwelling home mortgages absolutely us a form of welfare largesse.
Quote:You seriously trying to compare the two as being the same?
Yes. For a homeowner and occupant it is directly equivalent to the welfare aspect you are apparently against above.
[quote
If that is what you are doing let me go ahead and say....
f'ing idiot
Maybe look up the home mortgage interest deduction prior to handing out the ad hom above.
[/quote]
It is on rental property....
like I first said, I dont have time for f'ing idiots that dont know the difference between a dollar for dollar refundable credit and business deduction
(09-17-2024 11:18 AM)WalkThePlank Wrote: Why are certain polls highly regarded even though their sampling errors are way worse than others?
invariably, they lean left ...
then ...
mainstream media outlets cite them ...
as if they're gospel truth ...
adding veneer of credibility ...
no accountability whatsoever ...
to aid in fundraising ...
buoy wavering supporters ...
dispirit political opponents ...
be skeptical ...
never lose sight ...
the news is fake ...
the polls are fake ...
essentially ...
running a psyops on unwitting Americans ...
DOOM LOOP
(This post was last modified: 09-17-2024 12:26 PM by green.)
Quote:Supporters of Kamala Harris shouldn’t feel too confident about recent polls that put her ahead of Donald Trump, according to the president of one of the largest super political action committees (PAC) backing her.
Chauncey McLean, of Future Forward USA, told a panel hosted by the University of Chicago Institute of Politics that internal polling numbers are “much less rosy” than what the public sees.
(09-17-2024 11:16 AM)UofMstateU Wrote: Thats the national vote. SIlvers EC predictor says Trump is up 50 points over Kamala, 75-25.
Got a link for that?
You didn't conflate the following into that, did you?
Quote:Last update: 12:15 p.m., Tuesday, September 17. Kamala Harris’s lead in national polls is up to 2.9 points, improved from 2.2 points before last week’s debate. There’s been a high volume of national polling, so this is pretty clearly some sort of debate bounce.
However, we remain lacking in high-quality state polling. The model makes inferences in the states based on national poll trends, but can err toward conservatism until it gets more state data. Harris did get a Suffolk poll showing her +3 in Pennsylvania, but also another one showing her down 2 points there. Harris has a 2-in-3 chance of winning the popular vote, but there’s also almost a 25 percent chance that she wins the popular vote but loses the Electoral College, meaning that the election is a toss-up.
(09-17-2024 11:16 AM)UofMstateU Wrote: Thats the national vote. SIlvers EC predictor says Trump is up 50 points over Kamala, 75-25.
Got a link for that?
You didn't conflate the following into that, did you?
Quote:Last update: 12:15 p.m., Tuesday, September 17. Kamala Harris’s lead in national polls is up to 2.9 points, improved from 2.2 points before last week’s debate. There’s been a high volume of national polling, so this is pretty clearly some sort of debate bounce.
However, we remain lacking in high-quality state polling. The model makes inferences in the states based on national poll trends, but can err toward conservatism until it gets more state data. Harris did get a Suffolk poll showing her +3 in Pennsylvania, but also another one showing her down 2 points there. Harris has a 2-in-3 chance of winning the popular vote, but there’s also almost a 25 percent chance that she wins the popular vote but loses the Electoral College, meaning that the election is a toss-up.
