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kimmaicutler's profile
Kim-Mai Cutler
Kim-Mai Cutler
Kim-Mai Cutler
Verified account
@kimmaicutler

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Kim-Mai CutlerVerified account

@kimmaicutler

Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.

San Francisco
medium.com/initialized-ca…
Joined April 2008

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    Kim-Mai Cutler‏Verified account @kimmaicutler 17 Apr 2015
    • Report Tweet
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    Kim-Mai Cutler Retweeted Bloomberg CityLab

    The US spends $46B/yr on housing for the poor, but gives $195B in tax deductions to upper, middle-class homeowners.https://twitter.com/CityLab/status/589107667387449344 …

    Kim-Mai Cutler added,

    Bloomberg CityLabVerified account @CityLab
    The U.S. spends far more on homeowner subsidies than it does on affordable housing http://trib.al/p1bHi7L  pic.twitter.com/9FwAqKlsLn
    11:53 AM - 17 Apr 2015
    • 47 Retweets
    • 21 Likes
    • amit kumar Francis McRae @HumanProject haisoj Lake Balboa, Calif Land of Honor Young Warrior Son of Henry Christopher Newbold E. Paul Matthews Alex Sager
    7 replies 47 retweets 21 likes
      1. New conversation
      2. Chris Tolles‏ @tolles 17 Apr 2015
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        Replying to @kimmaicutler

        @kimmaicutler @CityLab to be fair, those upper middle class taxpayers pay for the U.S. That's a discount on their huge % of taxes

        1 reply 0 retweets 0 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 17 Apr 2015
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        Replying to @tolles

        @tolles @CityLab how much of those subsidies end up feeding back into merely higher housing prices though?

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. New conversation
      2. Tim McCormick‏ @tmccormick 17 Apr 2015
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        Replying to @kimmaicutler

        @kimmaicutler + beyond mortgage-interest deduction, there's property tax deduction, large subsidies to mortgage/securities market, etc.

        2 replies 0 retweets 2 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 17 Apr 2015
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        Replying to @tmccormick

        @tmccormickpic.twitter.com/yijMN1WnTX

        1 reply 0 retweets 1 like
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      1. New conversation
      2. JML‏ @jlassen 17 Apr 2015
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        Replying to @kimmaicutler

        @kimmaicutler to be fair... the US spends way more than that housing the poor. #PrisonIndustrialComplex

        1 reply 0 retweets 0 likes
      3. JML‏ @jlassen 17 Apr 2015
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        Replying to @jlassen

        @kimmaicutler If prison industry got gov contracts to build/maintain low income housing, politcal will to house poor would be infinite.

        0 replies 0 retweets 1 like
      4. End of conversation
      1. New conversation
      2. G Todd Williams‏ @WA_News_Junkie 17 Apr 2015
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        Replying to @kimmaicutler

        .@kimmaicutler @genebalk I Agree that mortg % should not be deductible. But housing prices would collapse by 1/3-1/2.

        1 reply 0 retweets 0 likes
      3. gene balk‏Verified account @genebalk 17 Apr 2015
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        Replying to @WA_News_Junkie

        @WA_News_Junkie @kimmaicutler i'm not against the mortgage deduction, i just think we should increase spending on affordable housing.

        1 reply 0 retweets 0 likes
      4. 2 more replies
      1. Land of Honor Young Warrior Son of Henry‏ @_memphistriad 17 Apr 2015
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        Replying to @kimmaicutler

        @kimmaicutler @CityLab Good point, and it should also be said that for the low income people, subsidy usually comes attached with contempt.

        0 replies 0 retweets 2 likes
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      2. Snarkitect‏ @snarkcycle 17 Apr 2015
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        Replying to @kimmaicutler

        @kimmaicutler @schmangee @CityLab That seems pretty fair considering those homeowners work their asses off for those homes, & I'm a liberal.

        1 reply 0 retweets 0 likes
      3. Angie Schmitt  🚶‍♀️ 🚴‍♀️  🚌‏ @schmangee 18 Apr 2015
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        Replying to @snarkcycle

        @snarkcycle @kimmaicutler @CityLab a third of the money goes to people who own two homes. A vacation home basically

        1 reply 0 retweets 1 like
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