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

isnt it at most a few thousand a year? and its not like they...
Honey-headed diverse wrinkle kitchen
  11/20/17
more than a few "thou$and"
Disgusting mad-dog skullcap nursing home
  11/20/17
Also, combined with other SALT deductions it ends up taking ...
plum milk
  11/20/17
If you had big income, though, you would get AMTpwned. That'...
Angry cruise ship
  11/20/17
Well, a bunch of us are in that donut hole where we make eno...
plum milk
  11/20/17
mortgage interest is deductible for AMT purposes, too, MFE.
exhilarant out-of-control legal warrant school
  11/20/17
It also wacks the resale value of your home.
Buff Vibrant Rehab Pistol
  11/20/17
...
plum milk
  11/20/17
I'm pretty much at the point where if Democrats winning reve...
plum milk
  11/20/17
No one is forcing you to live in a libpedo state. NY residen...
Irate apoplectic spot
  11/20/17
Uh, my employer forces me to live in a libpedo state.
plum milk
  11/20/17
Dat at will employment
Coiffed salmon library blood rage
  11/20/17
No good jobs in shit cities. And if I get laid off tomorrow...
plum milk
  11/20/17
Then pay your fair share for that luxury faggot
Irate apoplectic spot
  11/20/17
...
Coiffed salmon library blood rage
  11/20/17
The luxury of having a job?
plum milk
  11/20/17
...
shimmering range indirect expression
  11/20/17
...
Seedy razzle-dazzle step-uncle's house therapy
  11/20/17
this.
maniacal racy knife
  11/20/17
...
nofapping costumed heaven
  11/20/17
Cr ljl at this kike weasel
pale boiling water international law enforcement agency
  11/20/17
...
Crimson Corner Jew
  11/20/17
...
Bisexual heady chad ticket booth
  11/20/17
...
Stimulating Ruby Laser Beams Locale
  11/20/17
...
Bearded Hospital
  11/20/17
...
Titillating Claret Clown
  11/21/17
Plenty of good jobs in “shit cities”.
Coiffed salmon library blood rage
  11/20/17
Not in my specialty there aren't. Also, wife needs job too,...
plum milk
  11/20/17
You both wouldnt need to work in low COL city.
Coiffed salmon library blood rage
  11/20/17
Wife would go insane if she stayed at home and did nothing i...
plum milk
  11/20/17
The more you say, the more I believe these personal life cho...
Coiffed salmon library blood rage
  11/20/17
People have rights. And that includes the opera.
Seedy razzle-dazzle step-uncle's house therapy
  11/20/17
I seriously dgaf about the opera. That is a total red herri...
plum milk
  11/20/17
Why exactly should the federal government be encouraging my ...
plum milk
  11/20/17
srs Q?
Seedy razzle-dazzle step-uncle's house therapy
  11/20/17
Yep.
plum milk
  11/20/17
no offense but are you jewish?
Seedy razzle-dazzle step-uncle's house therapy
  11/20/17
Part (not Jewish by religion at all).
plum milk
  11/20/17
Thry arent, but youre going to get taxed for the lifestyle y...
Coiffed salmon library blood rage
  11/20/17
So why is this lifestyle in particular deserving of higher t...
plum milk
  11/20/17
Youre both working presumably high income jobs in a high COL...
Coiffed salmon library blood rage
  11/20/17
So we're probably having kids in the next few years. This w...
plum milk
  11/20/17
Why? 1) small group who is not sympathetic to the vast ma...
Coiffed salmon library blood rage
  11/20/17
Lol at you castigating TMF for this now, yet demanding hando...
Irate apoplectic spot
  11/20/17
So then you won't be surprised when this group votes for any...
plum milk
  11/20/17
Oh noes, we’ll never win New York and CA now!
Coiffed salmon library blood rage
  11/20/17
Protip: Ohio, Wisconsin, PA, Michigan, etc. - all have more ...
plum milk
  11/20/17
lol, you're such a pathetic, unprincipled, cockroach of a ru...
Smoky Stag Film
  11/20/17
He's shameless. Literally all he cares about is himself. I...
Crimson Corner Jew
  11/20/17
CR http://autoadmit.com/thread.php?thread_id=3803533&...
Smoky Stag Film
  11/20/17
Sad!
Crimson Corner Jew
  11/20/17
mine is close to ten grand
Harsh office
  11/20/17
Wtf, interest rates are low as fuck. How big is your mortgag...
Angry cruise ship
  11/20/17
IT'TH A GOOD INVETHMENT!!
Seedy razzle-dazzle step-uncle's house therapy
  11/20/17
do u even amortize bro
Disgusting mad-dog skullcap nursing home
  11/20/17
I don't have any debt.
Angry cruise ship
  11/20/17
I think mine is $8-10k range or something
Bisexual heady chad ticket booth
  11/20/17
do you think the things you get hysterical about are any bet...
Indecent plaza
  11/20/17
cr. freaking out about any of this shit is declasse as fuck
talented lettuce
  11/20/17
What is this XO trend today of pretending we're not UMC stri...
plum milk
  11/20/17
Not saying we arent, but most of us have enough self awarene...
Coiffed salmon library blood rage
  11/20/17
Everyone's shit is subsidized at one point or another. Fuck...
plum milk
  11/20/17
Sorry bro, but most trumpmo voters arent going to feel bad f...
Coiffed salmon library blood rage
  11/20/17
We paid way more taxes before. This is yet another tax incr...
plum milk
  11/20/17
xoers have known huge mortgages are flame for years. some xo...
talented lettuce
  11/20/17
If you're living around a major metro area and are realistic...
plum milk
  11/20/17
It's 180, going to talk this seller down til he's underwater
Seedy razzle-dazzle step-uncle's house therapy
  11/20/17
I'm pissed because I just reached UMC status, without an inh...
cracking fortuitous meteor love of her life
  11/20/17
UMC is not a status, it's the upper bound of middle class
Seedy razzle-dazzle step-uncle's house therapy
  11/20/17
whatever we call it, I just reached this upper bound only to...
cracking fortuitous meteor love of her life
  11/20/17
...
plum milk
  11/20/17
If you don't have inherited wealth, you don't matter to the ...
razzmatazz gold psychic
  11/20/17
This and loss f property tax deduction hit me for like $40k ...
poppy big gas station
  11/20/17
the GOP tax plan proposes cutting the cap on mortgage intere...
Painfully honest contagious idiot university
  11/20/17
you're grandfathered in if you already have a mortgage.
exhilarant out-of-control legal warrant school
  11/20/17
azn+joosh obsess over getting 'rich' one cash grab at a time...
Smoky Stag Film
  11/20/17
LJL @ TMF whining that he doesn't get handouts to subsidize ...
hideous insecure school cafeteria becky
  11/20/17
...
razzle learning disabled orchestra pit
  11/20/17
...
Smoky Stag Film
  11/20/17
180
Crimson Corner Jew
  11/20/17
...
nofapping costumed heaven
  11/20/17
All I'm asking is that you fuckers also create incentives fo...
plum milk
  11/20/17
...
Snowy faggot firefighter
  11/20/17
...
Stimulating Ruby Laser Beams Locale
  11/20/17
...
pale boiling water international law enforcement agency
  11/20/17
the mortgage interest deduction is terrible policy. im a lib...
razzle learning disabled orchestra pit
  11/20/17
Honestly, I'm pretty up front on the notion that it is bad p...
plum milk
  11/20/17
Actually W's plan cut your taxes. Sorry that was too soon
Crimson Corner Jew
  11/20/17
Fair, as did Reagan's.
plum milk
  11/20/17
you sound borderline 'Ken M'
Smoky Stag Film
  11/20/17
?
plum milk
  11/20/17
Getting rid of the mortgage interest deduction would only en...
Light Electric Turdskin
  11/21/17
remember that time dumb federal homeownership policy almost ...
razzle learning disabled orchestra pit
  11/21/17
The increase in standard deduct is probably worse, especiall...
stubborn property bbw
  11/20/17
LMFAO at TMF in this thread. what a gutless wonder this litt...
Smoky Stag Film
  11/21/17
Don't forget existing homeowners won't be affected. They wil...
Light Electric Turdskin
  11/21/17
pussies!!!!
Milky Wonderful House
  11/21/17


Poast new message in this thread



Reply Favorite

Date: November 20th, 2017 12:51 PM
Author: Honey-headed diverse wrinkle kitchen

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: Disgusting mad-dog skullcap nursing home

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: plum milk

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: Angry cruise ship

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: plum milk

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: exhilarant out-of-control legal warrant school

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: Buff Vibrant Rehab Pistol

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: plum milk



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



Reply Favorite

Date: November 20th, 2017 1:01 PM
Author: plum milk

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: Irate apoplectic spot

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: plum milk

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: Coiffed salmon library blood rage

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: plum milk

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: Irate apoplectic spot

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: Coiffed salmon library blood rage



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



Reply Favorite

Date: November 20th, 2017 1:09 PM
Author: plum milk

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: shimmering range indirect expression



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



Reply Favorite

Date: November 20th, 2017 1:12 PM
Author: Seedy razzle-dazzle step-uncle's house therapy



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



Reply Favorite

Date: November 20th, 2017 2:16 PM
Author: maniacal racy knife

this.

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



Reply Favorite

Date: November 20th, 2017 3:40 PM
Author: nofapping costumed heaven



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



Reply Favorite

Date: November 20th, 2017 3:48 PM
Author: pale boiling water international law enforcement agency

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: Crimson Corner Jew



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



Reply Favorite

Date: November 20th, 2017 4:43 PM
Author: Bisexual heady chad ticket booth



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



Reply Favorite

Date: November 20th, 2017 6:47 PM
Author: Stimulating Ruby Laser Beams Locale



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



Reply Favorite

Date: November 20th, 2017 6:50 PM
Author: Bearded Hospital



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



Reply Favorite

Date: November 21st, 2017 11:59 AM
Author: Titillating Claret Clown



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



Reply Favorite

Date: November 20th, 2017 1:08 PM
Author: Coiffed salmon library blood rage

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: plum milk

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: Coiffed salmon library blood rage

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: plum milk

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: Coiffed salmon library blood rage

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: Seedy razzle-dazzle step-uncle's house therapy

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: plum milk

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: plum milk

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: Seedy razzle-dazzle step-uncle's house therapy

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: plum milk

Yep.

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



Reply Favorite

Date: November 20th, 2017 1:18 PM
Author: Seedy razzle-dazzle step-uncle's house therapy

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: plum milk

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: Coiffed salmon library blood rage

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: plum milk

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: Coiffed salmon library blood rage

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: plum milk

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: Coiffed salmon library blood rage

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: Irate apoplectic spot

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: plum milk

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: Coiffed salmon library blood rage

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: plum milk

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: Smoky Stag Film

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: Crimson Corner Jew

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: Smoky Stag Film

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: Crimson Corner Jew

Sad!

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



Reply Favorite

Date: November 20th, 2017 1:02 PM
Author: Harsh office

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: Angry cruise ship

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: Seedy razzle-dazzle step-uncle's house therapy

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: Disgusting mad-dog skullcap nursing home

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: Angry cruise ship

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: Bisexual heady chad ticket booth

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: Indecent plaza

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: talented lettuce

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: plum milk

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: Coiffed salmon library blood rage

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: plum milk

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)



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Date: November 20th, 2017 1:16 PM
Author: Coiffed salmon library blood rage

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)



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Date: November 20th, 2017 1:17 PM
Author: plum milk

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)



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Date: November 20th, 2017 1:17 PM
Author: talented lettuce

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)



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Date: November 20th, 2017 1:20 PM
Author: plum milk

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)



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Date: November 20th, 2017 1:12 PM
Author: Seedy razzle-dazzle step-uncle's house therapy

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)



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Date: November 20th, 2017 1:13 PM
Author: cracking fortuitous meteor love of her life

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)



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Date: November 20th, 2017 1:15 PM
Author: Seedy razzle-dazzle step-uncle's house therapy

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)



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Date: November 20th, 2017 1:20 PM
Author: cracking fortuitous meteor love of her life

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)



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Date: November 20th, 2017 1:18 PM
Author: plum milk



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



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Date: November 20th, 2017 4:00 PM
Author: razzmatazz gold psychic

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)



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Date: November 20th, 2017 1:18 PM
Author: poppy big gas station

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)



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Date: November 20th, 2017 1:35 PM
Author: Painfully honest contagious idiot university

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)



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Date: November 20th, 2017 4:04 PM
Author: exhilarant out-of-control legal warrant school

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

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



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Date: November 20th, 2017 3:54 PM
Author: Smoky Stag Film

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)



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Date: November 20th, 2017 4:10 PM
Author: hideous insecure school cafeteria becky

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)



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Date: November 20th, 2017 4:13 PM
Author: razzle learning disabled orchestra pit



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



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Date: November 20th, 2017 4:14 PM
Author: Smoky Stag Film



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



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Date: November 20th, 2017 4:18 PM
Author: Crimson Corner Jew

180

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



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Date: November 20th, 2017 4:28 PM
Author: nofapping costumed heaven



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



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Date: November 20th, 2017 4:30 PM
Author: plum milk

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)



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Date: November 20th, 2017 4:54 PM
Author: Snowy faggot firefighter



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



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Date: November 20th, 2017 6:50 PM
Author: Stimulating Ruby Laser Beams Locale



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



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Date: November 20th, 2017 7:36 PM
Author: pale boiling water international law enforcement agency



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



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Date: November 20th, 2017 4:12 PM
Author: razzle learning disabled orchestra pit

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)



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Date: November 20th, 2017 4:28 PM
Author: plum milk

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)



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Date: November 20th, 2017 4:30 PM
Author: Crimson Corner Jew

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)



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Date: November 20th, 2017 4:31 PM
Author: plum milk

Fair, as did Reagan's.

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



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Date: November 20th, 2017 4:30 PM
Author: Smoky Stag Film

you sound borderline 'Ken M'

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



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Date: November 20th, 2017 4:32 PM
Author: plum milk

?

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



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Date: November 21st, 2017 4:43 PM
Author: Light Electric Turdskin

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)



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Date: November 21st, 2017 5:06 PM
Author: razzle learning disabled orchestra pit

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)



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Date: November 20th, 2017 5:41 PM
Author: stubborn property bbw

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)



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Date: November 21st, 2017 11:58 AM
Author: Smoky Stag Film

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)



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Date: November 21st, 2017 4:45 PM
Author: Light Electric Turdskin

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)



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Date: November 21st, 2017 5:07 PM
Author: Milky Wonderful House

pussies!!!!

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