[Beagle8U]

“There goes the mortgage deduction. That ought to kill off the housing industry.”

Not only that, a new house would also get slapped with an extra 9% sales tax added to it.

[Atlas Sneezed]

Not only that, a new house would also get slapped with an extra 9% sales tax added to it.

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And when the free market needs more new houses, they will be built. Meanwhile, I don’t think it makes sense for the government to distort the market just so we can build new houses that aren’t needed.