@kimmaicutler @CityLab to be fair, those upper middle class taxpayers pay for the U.S. That's a discount on their huge % of taxes
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@kimmaicutler + beyond mortgage-interest deduction, there's property tax deduction, large subsidies to mortgage/securities market, etc. - 1 more reply
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@kimmaicutler to be fair... the US spends way more than that housing the poor.#PrisonIndustrialComplex -
@kimmaicutler If prison industry got gov contracts to build/maintain low income housing, politcal will to house poor would be infinite.
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@kimmaicutler@genebalk I Agree that mortg % should not be deductible. But housing prices would collapse by 1/3-1/2. -
@WA_News_Junkie@kimmaicutler i'm not against the mortgage deduction, i just think we should increase spending on affordable housing. - 2 more replies
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@kimmaicutler@CityLab Good point, and it should also be said that for the low income people, subsidy usually comes attached with contempt.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@kimmaicutler@schmangee@CityLab That seems pretty fair considering those homeowners work their asses off for those homes, & I'm a liberal. -
@snarkcycle@kimmaicutler@CityLab a third of the money goes to people who own two homes. A vacation home basically - 2 more replies
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