Hello There, Guest! Registered users see far less ads! Register today and join our virtual tailgate. (Login — Register)
CSNbbs / Active Boards / Lounge / The Spin Room v / tax bill....guess who's housing deductions go adios.... ;)

Post Reply 
tax bill....guess who's housing deductions go adios.... ;)
Author Message
UofMstateU Offline
Legend
*

Posts: 46,167
Joined: Dec 2009
Reputation: 4536
I Root For: Memphis
Location:
Post: #23
RE: tax bill....guess who's housing deductions go adios.... ;)
(12-21-2017 11:55 AM)Tom in Lazybrook Wrote:  
(12-21-2017 08:02 AM)Chappy Wrote:  Wow, what I take away from that is 20% of the homes in San Fran are more than $1.7 million! But why are the democrats coming to the defense of a bunch of millionaires? They told them they weren't paying their fair share during the election.

That, and property taxes are entirely too high in NY/NJ.

SF's wealthy will simply just pay off their mortgages from their investment accounts.

So they were able to pay their fair share before, but just didnt.

Quote:Property taxes in California are one third of those in Texas.

Taxes are one thing. Valuations are another. It takes two to tango.

Quote:Who this hurts are people that need to borrow to afford that SF house

It doesnt affect those people unless they need to borrow more than$750,000 for their working/middle class bungalow.

Quote:or that beach house in Destin (watch out for that - which will probably be a far greater impact).

yea, lets not pass comprehensive tax cuts for the middle class because those poor people purchasing a second beach house on the Florida coast wont be able to deduct as much mortgage interest on their federal return.
12-21-2017 12:22 PM
Find all posts by this user Quote this message in a reply
Post Reply 


Messages In This Thread
RE: tax bill....guess who's housing deductions go adios.... ;) - UofMstateU - 12-21-2017 12:22 PM



User(s) browsing this thread:


Copyright © 2002-2026 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2026 MyBB Group.