Is ther U.S. government going to eliminate the Mortgage Interest Deduction for homeowners?
This is the only thing that saves me from having to pay the IRS. If I lose this, it will be very costly.
Not only that, but the "Republican Party" is once again attempting to dismantle another brick in the overall foundation of the middle, upper middle & retirement class by eliminating the ONLY reliable source of income they have for their golden years, and use the proceeds for another massive tax gift to the extremely wealthy and corporate entities. yeah I'm first in line to approve in excess of 1 TRILLION in monetary gifts to Banks & Corporate Entities so they can start trading mortgage backed securities.....AGAIN !!!!!!!!!!.........????????
Despite the nonstop partisan rumblings of the GOP that have been going on since they decided to try and make an unethical and possibly illegal $3 TRILLION Dollar withdrawal, Social Security is and will be solvent for at least the next 3 decades or possibly longer even if congress stands pat and does nothing.
It's almost inconcievable to think after all the sacrifices Lower Income, Middle, and Upper Middle classes have made over the last few years such as anemic Bank CD Returns, Slightly Lower Home Values (Recovering nicely here in Southern CA) etc., the Repub's have the audacity to try and eliminate the main source of American's Retirement Income and Medical Benefits. ......Even though I'm non partisan, I think that's absurd...
Social Security & Medicare need to be preserved as they have been for several decades, not raided by the Republicans....
This is scary. I don't know how people are going to afford to pay their taxes.
by guy63366 years ago
Is the mortgage interest rate going to continue to rise or is it going to go back down?
by aigduke6 years ago
I have a home office. Can I deduct ALL the mortgage interest on my 2010 return?
by ptosis5 months ago
More than 400 millionaires and billionaires asks Congress not to pass a bill that "further exacerbates inequality." It also says the tax bill should not add to the country's debt.Republicans are “saying we...
by fishskinfreak20087 years ago
Web-site/URL: http://news.yahoo.com/s/huffpost/201002 … UtY2xhc3M-More evidence that the worst recession since World War II is still NOT over and won't be until we see some spending and there is a TRUE drop in...
by Peggy Woods7 weeks ago
What funny incident from your childhood do you best remember?
by dannyb19748 years ago
Where do people think the uk property market is up to now?I think it has bottomed out and now is a good time to buy.I keep hearing of bargain properties around but as yet finding them is difficult.Will it go lower or...
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