Just another tax and the GOP goes along..Fools....
Put down 20% and you don’t have to pay PMI.
Dirty little secret of this tax reduction is less money going into your retirement account so you get less social security when you retire.
If you buy a house using the gov’t programs collecting the increased fees you pay the tax but no payback later in retirement benefits.
The house has submitted a budget each year, and dingy harry refused to allow a vote on it.
The first thing the house MUST do is say, "NO MORE CONTINUING RESOLUTIONS!!!!"
Mark
interesting article, thanks.
one minor point to the author...
I don’t think a person making $50K should be buying
a house that costs $200K. That’s what got us into this mess.
I think the historical good-sense figure is 3 to one,
so no greater than $150K. I think I read that on Market-Ticker.
Other than that, the proposal makes sense, if the sheeple
refuse to fund their own Social Security retirement thru payroll deductions
let them fund it through mortgage payments. Its a flat tax.