\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

serious Q: why are people getting hysterical over mortgage deduction?

isnt it at most a few thousand a year? and its not like they...
Yellow Marvelous Half-breed
  11/20/17
more than a few "thou$and"
Bull headed up-to-no-good boiling water
  11/20/17
Also, combined with other SALT deductions it ends up taking ...
cocky goal in life
  11/20/17
If you had big income, though, you would get AMTpwned. That'...
metal razzle bawdyhouse
  11/20/17
Well, a bunch of us are in that donut hole where we make eno...
cocky goal in life
  11/20/17
mortgage interest is deductible for AMT purposes, too, MFE.
mauve lodge
  11/20/17
It also wacks the resale value of your home.
Titillating Masturbator
  11/20/17
...
cocky goal in life
  11/20/17
I'm pretty much at the point where if Democrats winning reve...
cocky goal in life
  11/20/17
No one is forcing you to live in a libpedo state. NY residen...
talented volcanic crater
  11/20/17
Uh, my employer forces me to live in a libpedo state.
cocky goal in life
  11/20/17
Dat at will employment
aqua laughsome school cafeteria pistol
  11/20/17
No good jobs in shit cities. And if I get laid off tomorrow...
cocky goal in life
  11/20/17
Then pay your fair share for that luxury faggot
talented volcanic crater
  11/20/17
...
aqua laughsome school cafeteria pistol
  11/20/17
The luxury of having a job?
cocky goal in life
  11/20/17
...
concupiscible ape gaming laptop
  11/20/17
...
Bistre Geriatric Trust Fund
  11/20/17
this.
thriller theatre patrolman
  11/20/17
...
saffron adventurous range dingle berry
  11/20/17
Cr ljl at this kike weasel
aggressive dog poop dilemma
  11/20/17
...
passionate library
  11/20/17
...
abnormal odious dragon keepsake machete
  11/20/17
...
Transparent sneaky criminal milk
  11/20/17
...
fear-inspiring razzmatazz twinkling uncleanness
  11/20/17
...
Wonderful Business Firm Athletic Conference
  11/21/17
Plenty of good jobs in “shit cities”.
aqua laughsome school cafeteria pistol
  11/20/17
Not in my specialty there aren't. Also, wife needs job too,...
cocky goal in life
  11/20/17
You both wouldnt need to work in low COL city.
aqua laughsome school cafeteria pistol
  11/20/17
Wife would go insane if she stayed at home and did nothing i...
cocky goal in life
  11/20/17
The more you say, the more I believe these personal life cho...
aqua laughsome school cafeteria pistol
  11/20/17
People have rights. And that includes the opera.
Bistre Geriatric Trust Fund
  11/20/17
I seriously dgaf about the opera. That is a total red herri...
cocky goal in life
  11/20/17
Why exactly should the federal government be encouraging my ...
cocky goal in life
  11/20/17
srs Q?
Bistre Geriatric Trust Fund
  11/20/17
Yep.
cocky goal in life
  11/20/17
no offense but are you jewish?
Bistre Geriatric Trust Fund
  11/20/17
Part (not Jewish by religion at all).
cocky goal in life
  11/20/17
Thry arent, but youre going to get taxed for the lifestyle y...
aqua laughsome school cafeteria pistol
  11/20/17
So why is this lifestyle in particular deserving of higher t...
cocky goal in life
  11/20/17
Youre both working presumably high income jobs in a high COL...
aqua laughsome school cafeteria pistol
  11/20/17
So we're probably having kids in the next few years. This w...
cocky goal in life
  11/20/17
Why? 1) small group who is not sympathetic to the vast ma...
aqua laughsome school cafeteria pistol
  11/20/17
Lol at you castigating TMF for this now, yet demanding hando...
talented volcanic crater
  11/20/17
So then you won't be surprised when this group votes for any...
cocky goal in life
  11/20/17
Oh noes, we’ll never win New York and CA now!
aqua laughsome school cafeteria pistol
  11/20/17
Protip: Ohio, Wisconsin, PA, Michigan, etc. - all have more ...
cocky goal in life
  11/20/17
lol, you're such a pathetic, unprincipled, cockroach of a ru...
Ruddy Partner Dopamine
  11/20/17
He's shameless. Literally all he cares about is himself. I...
passionate library
  11/20/17
CR http://autoadmit.com/thread.php?thread_id=3803533&...
Ruddy Partner Dopamine
  11/20/17
Sad!
passionate library
  11/20/17
mine is close to ten grand
talking base
  11/20/17
Wtf, interest rates are low as fuck. How big is your mortgag...
metal razzle bawdyhouse
  11/20/17
IT'TH A GOOD INVETHMENT!!
Bistre Geriatric Trust Fund
  11/20/17
do u even amortize bro
Bull headed up-to-no-good boiling water
  11/20/17
I don't have any debt.
metal razzle bawdyhouse
  11/20/17
I think mine is $8-10k range or something
abnormal odious dragon keepsake machete
  11/20/17
do you think the things you get hysterical about are any bet...
cheese-eating pearl giraffe
  11/20/17
cr. freaking out about any of this shit is declasse as fuck
self-centered soul-stirring codepig
  11/20/17
What is this XO trend today of pretending we're not UMC stri...
cocky goal in life
  11/20/17
Not saying we arent, but most of us have enough self awarene...
aqua laughsome school cafeteria pistol
  11/20/17
Everyone's shit is subsidized at one point or another. Fuck...
cocky goal in life
  11/20/17
Sorry bro, but most trumpmo voters arent going to feel bad f...
aqua laughsome school cafeteria pistol
  11/20/17
We paid way more taxes before. This is yet another tax incr...
cocky goal in life
  11/20/17
xoers have known huge mortgages are flame for years. some xo...
self-centered soul-stirring codepig
  11/20/17
If you're living around a major metro area and are realistic...
cocky goal in life
  11/20/17
It's 180, going to talk this seller down til he's underwater
Bistre Geriatric Trust Fund
  11/20/17
I'm pissed because I just reached UMC status, without an inh...
boyish box office affirmative action
  11/20/17
UMC is not a status, it's the upper bound of middle class
Bistre Geriatric Trust Fund
  11/20/17
whatever we call it, I just reached this upper bound only to...
boyish box office affirmative action
  11/20/17
...
cocky goal in life
  11/20/17
If you don't have inherited wealth, you don't matter to the ...
Exhilarant Kink-friendly Potus
  11/20/17
This and loss f property tax deduction hit me for like $40k ...
Thirsty party of the first part
  11/20/17
the GOP tax plan proposes cutting the cap on mortgage intere...
violet splenetic gunner
  11/20/17
you're grandfathered in if you already have a mortgage.
mauve lodge
  11/20/17
azn+joosh obsess over getting 'rich' one cash grab at a time...
Ruddy Partner Dopamine
  11/20/17
LJL @ TMF whining that he doesn't get handouts to subsidize ...
Cracking Umber Gaping Parlor
  11/20/17
...
Crimson Persian
  11/20/17
...
Ruddy Partner Dopamine
  11/20/17
180
passionate library
  11/20/17
...
saffron adventurous range dingle berry
  11/20/17
All I'm asking is that you fuckers also create incentives fo...
cocky goal in life
  11/20/17
...
Insecure Rose Ladyboy
  11/20/17
...
Transparent sneaky criminal milk
  11/20/17
...
aggressive dog poop dilemma
  11/20/17
the mortgage interest deduction is terrible policy. im a lib...
Crimson Persian
  11/20/17
Honestly, I'm pretty up front on the notion that it is bad p...
cocky goal in life
  11/20/17
Actually W's plan cut your taxes. Sorry that was too soon
passionate library
  11/20/17
Fair, as did Reagan's.
cocky goal in life
  11/20/17
you sound borderline 'Ken M'
Ruddy Partner Dopamine
  11/20/17
?
cocky goal in life
  11/20/17
Getting rid of the mortgage interest deduction would only en...
180 crusty pit
  11/21/17
remember that time dumb federal homeownership policy almost ...
Crimson Persian
  11/21/17
The increase in standard deduct is probably worse, especiall...
Emerald bat-shit-crazy institution
  11/20/17
LMFAO at TMF in this thread. what a gutless wonder this litt...
Ruddy Partner Dopamine
  11/21/17
Don't forget existing homeowners won't be affected. They wil...
180 crusty pit
  11/21/17
pussies!!!!
Underhanded son of senegal
  11/21/17


Poast new message in this thread



Reply Favorite

Date: November 20th, 2017 12:51 PM
Author: Yellow Marvelous Half-breed

isnt it at most a few thousand a year? and its not like they are "losing" ten grand, they just now have to pay (progressive) tax on it. Now MSM and even trumpmos are acting like hes going to lose 2020 because of this. Am I missing something here?

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731357)



Reply Favorite

Date: November 20th, 2017 12:53 PM
Author: Bull headed up-to-no-good boiling water

more than a few "thou$and"

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731372)



Reply Favorite

Date: November 20th, 2017 12:58 PM
Author: cocky goal in life

Also, combined with other SALT deductions it ends up taking a huge chunk out of your salary.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731413)



Reply Favorite

Date: November 20th, 2017 1:02 PM
Author: metal razzle bawdyhouse

If you had big income, though, you would get AMTpwned. That's why the hysteria is bizarre: there can't be that many people on the razor's edge of getting huge benefit without bumping into AMT.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731462)



Reply Favorite

Date: November 20th, 2017 1:03 PM
Author: cocky goal in life

Well, a bunch of us are in that donut hole where we make enough to get killed by this but not by AMT.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731479)



Reply Favorite

Date: November 20th, 2017 4:02 PM
Author: mauve lodge

mortgage interest is deductible for AMT purposes, too, MFE.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733389)



Reply Favorite

Date: November 20th, 2017 12:55 PM
Author: Titillating Masturbator

It also wacks the resale value of your home.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731392)



Reply Favorite

Date: November 20th, 2017 12:57 PM
Author: cocky goal in life



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731409)



Reply Favorite

Date: November 20th, 2017 1:01 PM
Author: cocky goal in life

I'm pretty much at the point where if Democrats winning reverses this tax bullshit then I'm about ready to switch teams.

Taxes are the thing I most directly feel from the government. If the Republicans are working actively to rape me in particular, then fuck them. I see shrieking shitlib bullshit every day anyway.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731454)



Reply Favorite

Date: November 20th, 2017 1:03 PM
Author: talented volcanic crater

No one is forcing you to live in a libpedo state. NY residents deserve everything they get

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731476)



Reply Favorite

Date: November 20th, 2017 1:06 PM
Author: cocky goal in life

Uh, my employer forces me to live in a libpedo state.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731509)



Reply Favorite

Date: November 20th, 2017 1:06 PM
Author: aqua laughsome school cafeteria pistol

Dat at will employment

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731516)



Reply Favorite

Date: November 20th, 2017 1:07 PM
Author: cocky goal in life

No good jobs in shit cities. And if I get laid off tomorrow I can find a new job around where I live. If I get laid off in a secondary city (assuming my employer somehow let me live there) I'm SOL.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731525)



Reply Favorite

Date: November 20th, 2017 1:08 PM
Author: talented volcanic crater

Then pay your fair share for that luxury faggot

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731537)



Reply Favorite

Date: November 20th, 2017 1:09 PM
Author: aqua laughsome school cafeteria pistol



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731549)



Reply Favorite

Date: November 20th, 2017 1:09 PM
Author: cocky goal in life

The luxury of having a job?

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731551)



Reply Favorite

Date: November 20th, 2017 4:01 PM
Author: concupiscible ape gaming laptop



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733379)



Reply Favorite

Date: November 20th, 2017 1:12 PM
Author: Bistre Geriatric Trust Fund



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731592)



Reply Favorite

Date: November 20th, 2017 2:16 PM
Author: thriller theatre patrolman

this.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34732368)



Reply Favorite

Date: November 20th, 2017 3:40 PM
Author: saffron adventurous range dingle berry



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733200)



Reply Favorite

Date: November 20th, 2017 3:48 PM
Author: aggressive dog poop dilemma

Cr ljl at this kike weasel

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733266)



Reply Favorite

Date: November 20th, 2017 4:05 PM
Author: passionate library



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733406)



Reply Favorite

Date: November 20th, 2017 4:43 PM
Author: abnormal odious dragon keepsake machete



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733721)



Reply Favorite

Date: November 20th, 2017 6:47 PM
Author: Transparent sneaky criminal milk



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34734731)



Reply Favorite

Date: November 20th, 2017 6:50 PM
Author: fear-inspiring razzmatazz twinkling uncleanness



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34734749)



Reply Favorite

Date: November 21st, 2017 11:59 AM
Author: Wonderful Business Firm Athletic Conference



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34739533)



Reply Favorite

Date: November 20th, 2017 1:08 PM
Author: aqua laughsome school cafeteria pistol

Plenty of good jobs in “shit cities”.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731545)



Reply Favorite

Date: November 20th, 2017 1:09 PM
Author: cocky goal in life

Not in my specialty there aren't. Also, wife needs job too, in same specialty.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731552)



Reply Favorite

Date: November 20th, 2017 1:11 PM
Author: aqua laughsome school cafeteria pistol

You both wouldnt need to work in low COL city.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731575)



Reply Favorite

Date: November 20th, 2017 1:13 PM
Author: cocky goal in life

Wife would go insane if she stayed at home and did nothing in some shit city.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731595)



Reply Favorite

Date: November 20th, 2017 1:15 PM
Author: aqua laughsome school cafeteria pistol

The more you say, the more I believe these personal life choices that you and the wife have made that the federal govt shouldnt be sudsidizing.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731627)



Reply Favorite

Date: November 20th, 2017 1:16 PM
Author: Bistre Geriatric Trust Fund

People have rights. And that includes the opera.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731640)



Reply Favorite

Date: November 20th, 2017 1:16 PM
Author: cocky goal in life

I seriously dgaf about the opera. That is a total red herring.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731644)



Reply Favorite

Date: November 20th, 2017 1:16 PM
Author: cocky goal in life

Why exactly should the federal government be encouraging my wife not to work?

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731641)



Reply Favorite

Date: November 20th, 2017 1:16 PM
Author: Bistre Geriatric Trust Fund

srs Q?

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731645)



Reply Favorite

Date: November 20th, 2017 1:17 PM
Author: cocky goal in life

Yep.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731659)



Reply Favorite

Date: November 20th, 2017 1:18 PM
Author: Bistre Geriatric Trust Fund

no offense but are you jewish?

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731667)



Reply Favorite

Date: November 20th, 2017 1:18 PM
Author: cocky goal in life

Part (not Jewish by religion at all).

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731675)



Reply Favorite

Date: November 20th, 2017 1:17 PM
Author: aqua laughsome school cafeteria pistol

Thry arent, but youre going to get taxed for the lifestyle you've chosen.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731655)



Reply Favorite

Date: November 20th, 2017 1:17 PM
Author: cocky goal in life

So why is this lifestyle in particular deserving of higher taxes?

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731661)



Reply Favorite

Date: November 20th, 2017 1:19 PM
Author: aqua laughsome school cafeteria pistol

Youre both working presumably high income jobs in a high COL city with no kids. This isnt something that should be subsidized.

If youre carrying a mortgage of over $500k, then you should have saved more for a downpayment. Take fewer vacations.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731685)



Reply Favorite

Date: November 20th, 2017 1:21 PM
Author: cocky goal in life

So we're probably having kids in the next few years. This won't help our situation at all (it'll actually hurt).

We're already getting tax raped. Not clear on why we're the one group getting fucked now.



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731696)



Reply Favorite

Date: November 20th, 2017 1:31 PM
Author: aqua laughsome school cafeteria pistol

Why?

1) small group who is not sympathetic to the vast majority of voters

2) low political power as red voters in blue states

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731802)



Reply Favorite

Date: November 20th, 2017 1:40 PM
Author: talented volcanic crater

Lol at you castigating TMF for this now, yet demanding handouts for student loans in other threads. Pay your loans deadbeat

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731923)



Reply Favorite

Date: November 20th, 2017 2:01 PM
Author: cocky goal in life

So then you won't be surprised when this group votes for anyone who chooses to represent them, making the situations of Republicans even shittier in the country.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34732191)



Reply Favorite

Date: November 20th, 2017 3:49 PM
Author: aqua laughsome school cafeteria pistol

Oh noes, we’ll never win New York and CA now!

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733277)



Reply Favorite

Date: November 20th, 2017 4:26 PM
Author: cocky goal in life

Protip: Ohio, Wisconsin, PA, Michigan, etc. - all have more significant state and local taxes than you seem to think.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733550)



Reply Favorite

Date: November 20th, 2017 4:05 PM
Author: Ruddy Partner Dopamine

lol, you're such a pathetic, unprincipled, cockroach of a russian. you will flip parties at the drop of a hat despite fundamental opposition to most of the democratic agenda because you are mad about having to pay a bit more under your own party's tax plan. every time you have an opportunity to demonstrate that you're not spineless trash you end up confirming the label.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733401)



Reply Favorite

Date: November 20th, 2017 4:08 PM
Author: passionate library

He's shameless. Literally all he cares about is himself. It's crazy how he gets into these long arguments about hte principles of policies when literally all he cares about is whether it helps or hurts him.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733427)



Reply Favorite

Date: November 20th, 2017 4:14 PM
Author: Ruddy Partner Dopamine

CR

http://autoadmit.com/thread.php?thread_id=3803533&mc=51&forum_id=2#34732263

overall, a really despicable person and I think if anything he tamps down the insane degree of self-interest because he's somewhat cognizant of trying to come across well on XO

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733473)



Reply Favorite

Date: November 20th, 2017 7:43 PM
Author: passionate library

Sad!

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34735086)



Reply Favorite

Date: November 20th, 2017 1:02 PM
Author: talking base

mine is close to ten grand

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731460)



Reply Favorite

Date: November 20th, 2017 1:06 PM
Author: metal razzle bawdyhouse

Wtf, interest rates are low as fuck. How big is your mortgage?

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731511)



Reply Favorite

Date: November 20th, 2017 1:12 PM
Author: Bistre Geriatric Trust Fund

IT'TH A GOOD INVETHMENT!!

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731585)



Reply Favorite

Date: November 20th, 2017 1:12 PM
Author: Bull headed up-to-no-good boiling water

do u even amortize bro

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731589)



Reply Favorite

Date: November 20th, 2017 1:15 PM
Author: metal razzle bawdyhouse

I don't have any debt.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731628)



Reply Favorite

Date: November 20th, 2017 4:46 PM
Author: abnormal odious dragon keepsake machete

I think mine is $8-10k range or something

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733751)



Reply Favorite

Date: November 20th, 2017 1:04 PM
Author: cheese-eating pearl giraffe

do you think the things you get hysterical about are any better, snob?

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731489)



Reply Favorite

Date: November 20th, 2017 1:08 PM
Author: self-centered soul-stirring codepig

cr. freaking out about any of this shit is declasse as fuck

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731533)



Reply Favorite

Date: November 20th, 2017 1:10 PM
Author: cocky goal in life

What is this XO trend today of pretending we're not UMC striver fuckers (ergo, prole)?

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731569)



Reply Favorite

Date: November 20th, 2017 1:13 PM
Author: aqua laughsome school cafeteria pistol

Not saying we arent, but most of us have enough self awareness to recognize that our UMC lifestyle shouldnt be sudisized by the federal govt.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731609)



Reply Favorite

Date: November 20th, 2017 1:14 PM
Author: cocky goal in life

Everyone's shit is subsidized at one point or another. Fuck smiling as we get fucked over yet again.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731622)



Reply Favorite

Date: November 20th, 2017 1:16 PM
Author: aqua laughsome school cafeteria pistol

Sorry bro, but most trumpmo voters arent going to feel bad for a DINK couple paying more taxes to live in MFH.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731643)



Reply Favorite

Date: November 20th, 2017 1:17 PM
Author: cocky goal in life

We paid way more taxes before. This is yet another tax increase while every other group (including the super rich) get a tax cut. That's outrageous.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731656)



Reply Favorite

Date: November 20th, 2017 1:17 PM
Author: self-centered soul-stirring codepig

xoers have known huge mortgages are flame for years. some xoers still copped them because of low mortgage rates or unrepentant striving. i got a manageable house and am paying down my mortgage ASAP. i'll take whatever deductions are out there, but i'm not basing my financial decisions on flighty govt policies. only cr is for me to earn as much as possible and try to protect self from the whims of others. of course, if we get hyperinflation-pwned i'll be pissed.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731663)



Reply Favorite

Date: November 20th, 2017 1:20 PM
Author: cocky goal in life

If you're living around a major metro area and are realistically going to be there for a long time, then you're going to have a big mortgage.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731687)



Reply Favorite

Date: November 20th, 2017 1:12 PM
Author: Bistre Geriatric Trust Fund

It's 180, going to talk this seller down til he's underwater

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731590)



Reply Favorite

Date: November 20th, 2017 1:13 PM
Author: boyish box office affirmative action

I'm pissed because I just reached UMC status, without an inheritance or parents who were UMCs themselves

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731605)



Reply Favorite

Date: November 20th, 2017 1:15 PM
Author: Bistre Geriatric Trust Fund

UMC is not a status, it's the upper bound of middle class

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731631)



Reply Favorite

Date: November 20th, 2017 1:20 PM
Author: boyish box office affirmative action

whatever we call it, I just reached this upper bound only to be fucked by the govt. I was too late to the party

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731688)



Reply Favorite

Date: November 20th, 2017 1:18 PM
Author: cocky goal in life



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731668)



Reply Favorite

Date: November 20th, 2017 4:00 PM
Author: Exhilarant Kink-friendly Potus

If you don't have inherited wealth, you don't matter to the GC GOP

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733363)



Reply Favorite

Date: November 20th, 2017 1:18 PM
Author: Thirsty party of the first part

This and loss f property tax deduction hit me for like $40k but the flat 35% up to $1mm and corp tax deduction more than makes up for it

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731670)



Reply Favorite

Date: November 20th, 2017 1:35 PM
Author: violet splenetic gunner

the GOP tax plan proposes cutting the cap on mortgage interest deductions on newly purchased homes. Currently, a married couple can deduct interest on mortgages of up to $1,000,000; the GOP plan would cut that to $500,000. Similarly, deductions of state and local property tax would be capped at $10,000.

----

Why do they say newly purchased homes? Is that because the interest is front loaded or is there some specific provision for homes based on a given date, etc? If the amount of my mortgage is now below 500 does it count? Does this impact a second home?

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34731857)



Reply Favorite

Date: November 20th, 2017 4:04 PM
Author: mauve lodge

you're grandfathered in if you already have a mortgage.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733396)



Reply Favorite

Date: November 20th, 2017 3:54 PM
Author: Ruddy Partner Dopamine

azn+joosh obsess over getting 'rich' one cash grab at a time. they think they will not attain their financial dreams if they have to pay a little here and a little there. note this only applies to the wagecucks like Nutella who feel like they're getting bled every time an unpredictable $3500 expenditure makes them reset their 5-year liquidity target spreadsheet.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733311)



Reply Favorite

Date: November 20th, 2017 4:10 PM
Author: Cracking Umber Gaping Parlor

LJL @ TMF whining that he doesn't get handouts to subsidize his high COL coastal lifestyle.

if you ever wanted proof this is a good tax plan, this thread is all you need

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733448)



Reply Favorite

Date: November 20th, 2017 4:13 PM
Author: Crimson Persian



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733469)



Reply Favorite

Date: November 20th, 2017 4:14 PM
Author: Ruddy Partner Dopamine



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733479)



Reply Favorite

Date: November 20th, 2017 4:18 PM
Author: passionate library

180

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733498)



Reply Favorite

Date: November 20th, 2017 4:28 PM
Author: saffron adventurous range dingle berry



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733571)



Reply Favorite

Date: November 20th, 2017 4:30 PM
Author: cocky goal in life

All I'm asking is that you fuckers also create incentives for corporations not to locate here so that people like me can actually leave and head to awesome places like Miami.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733598)



Reply Favorite

Date: November 20th, 2017 4:54 PM
Author: Insecure Rose Ladyboy



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733855)



Reply Favorite

Date: November 20th, 2017 6:50 PM
Author: Transparent sneaky criminal milk



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34734750)



Reply Favorite

Date: November 20th, 2017 7:36 PM
Author: aggressive dog poop dilemma



(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34735041)



Reply Favorite

Date: November 20th, 2017 4:12 PM
Author: Crimson Persian

the mortgage interest deduction is terrible policy. im a lib and fully stand behind this.

i love how people conflate "bad for me" with "bad policy"

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733459)



Reply Favorite

Date: November 20th, 2017 4:28 PM
Author: cocky goal in life

Honestly, I'm pretty up front on the notion that it is bad policy to encourage states and local govs to have high taxes but I'm pissed that it is bad for me. I'm just sick of constantly having every government, whether liberal or conservative, decide that the solution to whatever problem exists is to tax me more.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733576)



Reply Favorite

Date: November 20th, 2017 4:30 PM
Author: passionate library

Actually W's plan cut your taxes. Sorry that was too soon

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733592)



Reply Favorite

Date: November 20th, 2017 4:31 PM
Author: cocky goal in life

Fair, as did Reagan's.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733603)



Reply Favorite

Date: November 20th, 2017 4:30 PM
Author: Ruddy Partner Dopamine

you sound borderline 'Ken M'

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733593)



Reply Favorite

Date: November 20th, 2017 4:32 PM
Author: cocky goal in life

?

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34733615)



Reply Favorite

Date: November 21st, 2017 4:43 PM
Author: 180 crusty pit

Getting rid of the mortgage interest deduction would only encourage more people to become rootless cosmopolitans who never set down roots. You think that is a good thing?

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34742010)



Reply Favorite

Date: November 21st, 2017 5:06 PM
Author: Crimson Persian

remember that time dumb federal homeownership policy almost triggered another great depression? anyway i don't even know this is true or that I should give a shit if it is.

reminder why the mortgage interest deduction is indefensibly retarded: its both regressive and anti-growth, a rare double whammy. rich boomers with too many bedrooms and houses benefit way more than poorer people. and we'd be so much better off growth wise by spending that foregone tax revenue than some guy's unnecessary guesthouse or something. its upper middle class welfare politicians are too pussy to address.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34742237)



Reply Favorite

Date: November 20th, 2017 5:41 PM
Author: Emerald bat-shit-crazy institution

The increase in standard deduct is probably worse, especially combined with cut of other deducts, because it makes the mtg interest deduction less valuable, thus increasing the relative cost of homeownership and driving down prices. I'm worried about seeing a 10% or more drop in the value of the house I just bought. even if people get an overall tax cut, this plan will drive down property prices due to the higher cost of homeownership relative to renting. Home equity is the biggest asset of most middle class families, who won't get a corresponding stock portfolio increase the way wealthier people who have more net worth in equities will.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34734196)



Reply Favorite

Date: November 21st, 2017 11:58 AM
Author: Ruddy Partner Dopamine

LMFAO at TMF in this thread. what a gutless wonder this little guy is.

"Trump is the revolution that America desperately needs right now, we'll go down the tubes without his radical brand of leadership and course correction for this country."

.

.

.

.

.

one year later: "Trump is on board with a plan that will cut a tax subsidy I have been enjoying for a few years to help finance my retarded striver lifestyle because my pissant salary doesn't quite cut it, so I'm probably going to vote for whoever the Democrats run."

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34739530)



Reply Favorite

Date: November 21st, 2017 4:45 PM
Author: 180 crusty pit

Don't forget existing homeowners won't be affected. They will be grandfathered in. Still, eliminating deduction for state and local taxes will fuck UMC people in high COL areas.

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34742029)



Reply Favorite

Date: November 21st, 2017 5:07 PM
Author: Underhanded son of senegal

pussies!!!!

(http://www.autoadmit.com/thread.php?thread_id=3803576&forum_id=2#34742247)