Soooo.... you lose a tax break for money that now you are not paying... I'll take the money thank you
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Kinda like harking back to the days when only the rich owned land and the peasants worked them and for housing, you know the good old feudal days.
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Sure...i'll just stay in this shitty apartment b/c i can only deduct interest up to $750,000. Stupid.
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Perks of owning a house worth more than 750K and having so much income that you owe your state more than 10K. C'mon quit bitching.
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I hope you crash Wall Street. It makes things level & affordable for the poor. When that day comes you're out on the street I'll be available for consulting work how to be artfully homeless & upscale your blue roof shelter with Manischevitz bottle candles
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So wait it isn't all roses for the uber rich? Now I'm confused. Am I still dying?
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Billionaire real estate moguls(Trump n friends) want you to rent so that they can price gouge you. The American dream is dead... for now
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How does this help put more money in the pockets of middle class Americans?
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Lower housing prices which will be coming in spades, has nothing to do with the tax bill and everything to do with too much Liquidity, too easy financial conditions, and artificially low interest rates- Sounds like a reoccurring theme?
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The perks of owning a home is more than financial!
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In CA, NY, and NJ perhaps but not in AZ!!
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Scanned all the way to the “show more replies” and not a single knucklehead understands this only factors I to people paying MILLIONS of dollars in mortgage interest. When did WSJ become MSNBC?
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If you own a home then landlords/corporations/investors do not profit from you...unless there's a mortgage. And who raises the interests?
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Except that the biggest perks of home ownership are, well, being a home OWNER, and building equity and a life with your family in real property that belongs to you - not some small tax benefit.
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So the equity you build in owning is not worth anything??? Sounds like it will help the middle class but may have a negative effect on the more expensive home owners. Sounds just like what the left wants. The left is confusing!!
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You must have worked hard to come up with this. If you have a $750,000 mortgage then you are not an average middle class American. Middle class will still have deduction.
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tax cut tide lifts ALL the boats, consumer spending drives the economy you should know that
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House interest deduction capped at 750thou Why should we pay for rich peoples houses and pre 2018 1mil The horror of it all
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