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To: DB

I would be interested in hearing what you saw in that video that disturbed you.

It didn’t bother you to hear a real estate investor address a real estate industry with absolutely no real estate building in a place like New York City?

Do you have any idea how many people that indicates are unemployed, and how the ripple effect of cash flow from building, salaries, the ripple effect purchases of all those people and suppliers would mean?

I’m not sure what you saw there that was wrong?


171 posted on 01/16/2016 11:17:37 AM PST by DoughtyOne ((It's beginning to look like "Morning in America" again. Comment on YouTube under Trump Free Ride.))
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To: DoughtyOne

Well that explains a lot. So you were against Reagan’s tax reform of 1986. Trump is calling it stupid that top rates were reduced from 50% to 28% and that “incentives” AKA tax shelters were removed from the tax code. Trump hugely benefited from the tax code before the reform because the tax code was funneling money into big developers as the only alternative to paying the top rate. Regarding the stand still in NY there was a stand still all over the place in commercial real estate because it had been over built. Building were built as tax shelters. Actually using them was secondary.

Yet you think that’s just fine economic policy. I see why you support Trump now. It has nothing to do with being conservative.

I also love the part about the interest deduction on home mortgages being an incentive for debt... Never mind that before Reagan’s tax reforms interest on cars, credit cards, whatever was deductible...

Now I see why we disagree so often. My mistake.


176 posted on 01/16/2016 12:13:28 PM PST by DB
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