The Tax Bill: Placing a Dagger in the American Dream of Home Ownership

Huffington Post ^ | 11 Nov 17 | Miles Zaremski

[kearnyirish2]

Thanks for the tips/info.

My town probably has 40K people, and in my end it is still suburban (primarily single-family homes). It is a great balance between urban & rural (IMHO); I could never live in a city, and as we age I’d find it harder & harder to live in a rural area.

An acquaintance was leaving NJ for PA, and his method (25 years ago) was to take a drawing compass to a map; he drew circles representing 10 miles around every slum (he was looking NW of Philly), and told his wife to pick any area outside the circles. It was brilliant; despite sprawl and development, his area is still beautiful and his home worth much more now. Only downside is his commute doubled in time (for the same distance)...

[Ambrosia]

If you sent me comment and I did not answer, forgive me. My modem went bad and had to wait to get another one...offline for couple of days!

Have great weekend!

[kearnyirish2]

Thanks; you do the same!

[Demanwideplan]

I am sick of seeing my Fed Tax dollars being used to subsidize the residents of high RE tax areas. Local high tax governments have been using the rest of the low tax government regions to fatten their coffers since 1913. Time has come for the reckoning.

[Demanwideplan]

I am sick of seeing my Fed Tax dollars being used to subsidize the residents of high RE tax areas. Local high tax governments have been using the rest of the low tax government regions to fatten their coffers since 1913. Time has come for the reckoning.

[SkyPilot]

You have it backwards.

Certain states are donor states, and certain states are taker states in terms of Federal tax revenue and largess from Washington.

Which US State Is the Biggest Federal Mooch?

No matter how many times people on this board (or Goldmach Sachs creatures Steve Mnuchin and Gary Cohn) want to say that a tax deduction is a "subsidy" - it doesn't make it so. The argument might as well be that black is white. People keeping more of their own money, and avoiding double taxation is not a "subsidy."

People keeping more of their own money from Washington's confiscation used to be a Conservative principle. The one thing this tax bill debate did do was expose who the real Social Justice Warriors are.