It’s not 20% of the bill. It’s 20% of the profits from asset sales.
Reprehensible still, but let’s be accurate.
My bad. Still this whole issue is a disgrace.
“Its not 20% of the bill. Its 20% of the profits from asset sales.”
It’s more than 20% of the profits from all asset sales. It’s 20% of the profits from each profitable transaction. As the portfolio will likely have a significant number of loss transaction, the proportion of the profits allocable to the “housing trust funds” will be much more than 20% of the aggregate profit.
Are you saying that the profits are not coming back to the taxpayers. Stop the presses.