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To: Hostage
Your comments and questions are poorly worded and misleading.
Which parts did you not understand?
This question shows poor understanding of financing and market valuations. A used home has a market value which means the price that a seller and a buyer agree on. Just as homes under the 'Income' tax have embedded taxes in their valuation, the FairTax will also be included in a home valuation based on market.
You contradicted yourself.
Every realtor will understand that a home market value includes all costs and taxes whether those taxes were in the form of an 'Income' tax or a FairTax.

the FairTax will also be included in a home valuation based on market. Every realtor will understand that a home market value includes all costs and taxes...

HUH? Were you saying something about poor understanding of valuations and financing?

Adding taxes to the purchase price isn't going to increase value even if the "Realtor understands".

Adding 30% to your mortgage for taxes would be worse than any sub-prime loan...Period

BTW, you failed to include the 30% tax you'd pay every month on any interest above the fed fund rate...or maybe you don't really know as much about the Fairtax as you think you do.

151 posted on 05/12/2007 8:07:00 AM PDT by lewislynn
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To: lewislynn

There was no contradiction from this end. There is only vaccuous babbling emanating through your fingertips from a deficiency in cortisol and ribose.

The fact of the matter is that the increase in mortgage payment by financing the NRST is more than offset by the increase in take-home pay.

That fact can be backed up by simple calculations. But maybe simple math is not in your toolbox.


154 posted on 05/12/2007 8:41:59 AM PDT by Hostage (Fred Thompson will be President.)
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