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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...
Awkward school cafeteria
  11/20/17
more than a few "thou$and"
puce marvelous alpha
  11/20/17
Also, combined with other SALT deductions it ends up taking ...
Yellow Corner
  11/20/17
If you had big income, though, you would get AMTpwned. That'...
180 narrow-minded nibblets
  11/20/17
Well, a bunch of us are in that donut hole where we make eno...
Yellow Corner
  11/20/17
mortgage interest is deductible for AMT purposes, too, MFE.
passionate red cumskin
  11/20/17
It also wacks the resale value of your home.
jet-lagged obsidian persian
  11/20/17
...
Yellow Corner
  11/20/17
I'm pretty much at the point where if Democrats winning reve...
Yellow Corner
  11/20/17
No one is forcing you to live in a libpedo state. NY residen...
indigo site
  11/20/17
Uh, my employer forces me to live in a libpedo state.
Yellow Corner
  11/20/17
Dat at will employment
Demanding ocher range
  11/20/17
No good jobs in shit cities. And if I get laid off tomorrow...
Yellow Corner
  11/20/17
Then pay your fair share for that luxury faggot
indigo site
  11/20/17
...
Demanding ocher range
  11/20/17
The luxury of having a job?
Yellow Corner
  11/20/17
...
bright lettuce idea he suggested
  11/20/17
...
Irradiated state
  11/20/17
this.
bateful menage
  11/20/17
...
stimulating cyan bawdyhouse yarmulke
  11/20/17
Cr ljl at this kike weasel
curious misanthropic brunch stock car
  11/20/17
...
heady honey-headed step-uncle's house wrinkle
  11/20/17
...
Exhilarant judgmental hairy legs
  11/20/17
...
outnumbered lemon cuckold
  11/20/17
...
Mildly autistic rehab macaca
  11/20/17
...
Hairraiser cocky temple mad-dog skullcap
  11/21/17
Plenty of good jobs in “shit cities”.
Demanding ocher range
  11/20/17
Not in my specialty there aren't. Also, wife needs job too,...
Yellow Corner
  11/20/17
You both wouldnt need to work in low COL city.
Demanding ocher range
  11/20/17
Wife would go insane if she stayed at home and did nothing i...
Yellow Corner
  11/20/17
The more you say, the more I believe these personal life cho...
Demanding ocher range
  11/20/17
People have rights. And that includes the opera.
Irradiated state
  11/20/17
I seriously dgaf about the opera. That is a total red herri...
Yellow Corner
  11/20/17
Why exactly should the federal government be encouraging my ...
Yellow Corner
  11/20/17
srs Q?
Irradiated state
  11/20/17
Yep.
Yellow Corner
  11/20/17
no offense but are you jewish?
Irradiated state
  11/20/17
Part (not Jewish by religion at all).
Yellow Corner
  11/20/17
Thry arent, but youre going to get taxed for the lifestyle y...
Demanding ocher range
  11/20/17
So why is this lifestyle in particular deserving of higher t...
Yellow Corner
  11/20/17
Youre both working presumably high income jobs in a high COL...
Demanding ocher range
  11/20/17
So we're probably having kids in the next few years. This w...
Yellow Corner
  11/20/17
Why? 1) small group who is not sympathetic to the vast ma...
Demanding ocher range
  11/20/17
Lol at you castigating TMF for this now, yet demanding hando...
indigo site
  11/20/17
So then you won't be surprised when this group votes for any...
Yellow Corner
  11/20/17
Oh noes, we’ll never win New York and CA now!
Demanding ocher range
  11/20/17
Protip: Ohio, Wisconsin, PA, Michigan, etc. - all have more ...
Yellow Corner
  11/20/17
lol, you're such a pathetic, unprincipled, cockroach of a ru...
Mint Comical Elastic Band
  11/20/17
He's shameless. Literally all he cares about is himself. I...
heady honey-headed step-uncle's house wrinkle
  11/20/17
CR http://autoadmit.com/thread.php?thread_id=3803533&...
Mint Comical Elastic Band
  11/20/17
Sad!
heady honey-headed step-uncle's house wrinkle
  11/20/17
mine is close to ten grand
soggy senate
  11/20/17
Wtf, interest rates are low as fuck. How big is your mortgag...
180 narrow-minded nibblets
  11/20/17
IT'TH A GOOD INVETHMENT!!
Irradiated state
  11/20/17
do u even amortize bro
puce marvelous alpha
  11/20/17
I don't have any debt.
180 narrow-minded nibblets
  11/20/17
I think mine is $8-10k range or something
Exhilarant judgmental hairy legs
  11/20/17
do you think the things you get hysterical about are any bet...
Chest-beating Racy Double Fault Friendly Grandma
  11/20/17
cr. freaking out about any of this shit is declasse as fuck
spectacular anal ticket booth
  11/20/17
What is this XO trend today of pretending we're not UMC stri...
Yellow Corner
  11/20/17
Not saying we arent, but most of us have enough self awarene...
Demanding ocher range
  11/20/17
Everyone's shit is subsidized at one point or another. Fuck...
Yellow Corner
  11/20/17
Sorry bro, but most trumpmo voters arent going to feel bad f...
Demanding ocher range
  11/20/17
We paid way more taxes before. This is yet another tax incr...
Yellow Corner
  11/20/17
xoers have known huge mortgages are flame for years. some xo...
spectacular anal ticket booth
  11/20/17
If you're living around a major metro area and are realistic...
Yellow Corner
  11/20/17
It's 180, going to talk this seller down til he's underwater
Irradiated state
  11/20/17
I'm pissed because I just reached UMC status, without an inh...
territorial set
  11/20/17
UMC is not a status, it's the upper bound of middle class
Irradiated state
  11/20/17
whatever we call it, I just reached this upper bound only to...
territorial set
  11/20/17
...
Yellow Corner
  11/20/17
If you don't have inherited wealth, you don't matter to the ...
Deranged deer antler piazza
  11/20/17
This and loss f property tax deduction hit me for like $40k ...
boyish church
  11/20/17
the GOP tax plan proposes cutting the cap on mortgage intere...
insecure school
  11/20/17
you're grandfathered in if you already have a mortgage.
passionate red cumskin
  11/20/17
azn+joosh obsess over getting 'rich' one cash grab at a time...
Mint Comical Elastic Band
  11/20/17
LJL @ TMF whining that he doesn't get handouts to subsidize ...
Trip Tanning Salon
  11/20/17
...
titillating mewling brethren
  11/20/17
...
Mint Comical Elastic Band
  11/20/17
180
heady honey-headed step-uncle's house wrinkle
  11/20/17
...
stimulating cyan bawdyhouse yarmulke
  11/20/17
All I'm asking is that you fuckers also create incentives fo...
Yellow Corner
  11/20/17
...
citrine pistol son of senegal
  11/20/17
...
outnumbered lemon cuckold
  11/20/17
...
curious misanthropic brunch stock car
  11/20/17
the mortgage interest deduction is terrible policy. im a lib...
titillating mewling brethren
  11/20/17
Honestly, I'm pretty up front on the notion that it is bad p...
Yellow Corner
  11/20/17
Actually W's plan cut your taxes. Sorry that was too soon
heady honey-headed step-uncle's house wrinkle
  11/20/17
Fair, as did Reagan's.
Yellow Corner
  11/20/17
you sound borderline 'Ken M'
Mint Comical Elastic Band
  11/20/17
?
Yellow Corner
  11/20/17
Getting rid of the mortgage interest deduction would only en...
concupiscible apoplectic hunting ground
  11/21/17
remember that time dumb federal homeownership policy almost ...
titillating mewling brethren
  11/21/17
The increase in standard deduct is probably worse, especiall...
Cerise House
  11/20/17
LMFAO at TMF in this thread. what a gutless wonder this litt...
Mint Comical Elastic Band
  11/21/17
Don't forget existing homeowners won't be affected. They wil...
concupiscible apoplectic hunting ground
  11/21/17
pussies!!!!
Galvanic cuck box office
  11/21/17


Poast new message in this thread



Reply Favorite

Date: November 20th, 2017 12:51 PM
Author: Awkward school cafeteria

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: puce marvelous alpha

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: Yellow Corner

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: 180 narrow-minded nibblets

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: Yellow Corner

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: passionate red cumskin

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: jet-lagged obsidian persian

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: Yellow Corner



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



Reply Favorite

Date: November 20th, 2017 1:01 PM
Author: Yellow Corner

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: indigo site

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: Yellow Corner

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: Demanding ocher range

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: Yellow Corner

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: indigo site

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: Demanding ocher range



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



Reply Favorite

Date: November 20th, 2017 1:09 PM
Author: Yellow Corner

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: bright lettuce idea he suggested



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



Reply Favorite

Date: November 20th, 2017 1:12 PM
Author: Irradiated state



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



Reply Favorite

Date: November 20th, 2017 2:16 PM
Author: bateful menage

this.

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



Reply Favorite

Date: November 20th, 2017 3:40 PM
Author: stimulating cyan bawdyhouse yarmulke



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



Reply Favorite

Date: November 20th, 2017 3:48 PM
Author: curious misanthropic brunch stock car

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: heady honey-headed step-uncle's house wrinkle



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



Reply Favorite

Date: November 20th, 2017 4:43 PM
Author: Exhilarant judgmental hairy legs



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



Reply Favorite

Date: November 20th, 2017 6:47 PM
Author: outnumbered lemon cuckold



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



Reply Favorite

Date: November 20th, 2017 6:50 PM
Author: Mildly autistic rehab macaca



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



Reply Favorite

Date: November 21st, 2017 11:59 AM
Author: Hairraiser cocky temple mad-dog skullcap



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



Reply Favorite

Date: November 20th, 2017 1:08 PM
Author: Demanding ocher range

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: Yellow Corner

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: Demanding ocher range

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: Yellow Corner

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: Demanding ocher range

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: Irradiated state

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: Yellow Corner

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: Yellow Corner

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: Irradiated state

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: Yellow Corner

Yep.

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



Reply Favorite

Date: November 20th, 2017 1:18 PM
Author: Irradiated state

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: Yellow Corner

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: Demanding ocher range

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: Yellow Corner

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: Demanding ocher range

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: Yellow Corner

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: Demanding ocher range

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: indigo site

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: Yellow Corner

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: Demanding ocher range

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: Yellow Corner

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: Mint Comical Elastic Band

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: heady honey-headed step-uncle's house wrinkle

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: Mint Comical Elastic Band

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: heady honey-headed step-uncle's house wrinkle

Sad!

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



Reply Favorite

Date: November 20th, 2017 1:02 PM
Author: soggy senate

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: 180 narrow-minded nibblets

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: Irradiated state

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: puce marvelous alpha

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: 180 narrow-minded nibblets

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: Exhilarant judgmental hairy legs

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: Chest-beating Racy Double Fault Friendly Grandma

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: spectacular anal ticket booth

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: Yellow Corner

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: Demanding ocher range

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: Yellow Corner

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: Demanding ocher range

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: Yellow Corner

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: spectacular anal ticket booth

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: Yellow Corner

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: Irradiated state

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: territorial set

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: Irradiated state

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: territorial set

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: Yellow Corner



(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: Deranged deer antler piazza

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: boyish church

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: insecure school

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: passionate red cumskin

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: Mint Comical Elastic Band

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: Trip Tanning Salon

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: titillating mewling brethren



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



Reply Favorite

Date: November 20th, 2017 4:14 PM
Author: Mint Comical Elastic Band



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



Reply Favorite

Date: November 20th, 2017 4:18 PM
Author: heady honey-headed step-uncle's house wrinkle

180

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



Reply Favorite

Date: November 20th, 2017 4:28 PM
Author: stimulating cyan bawdyhouse yarmulke



(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: Yellow Corner

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: citrine pistol son of senegal



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



Reply Favorite

Date: November 20th, 2017 6:50 PM
Author: outnumbered lemon cuckold



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



Reply Favorite

Date: November 20th, 2017 7:36 PM
Author: curious misanthropic brunch stock car



(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: titillating mewling brethren

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: Yellow Corner

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: heady honey-headed step-uncle's house wrinkle

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: Yellow Corner

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: Mint Comical Elastic Band

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: Yellow Corner

?

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



Reply Favorite

Date: November 21st, 2017 4:43 PM
Author: concupiscible apoplectic hunting ground

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: titillating mewling brethren

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: Cerise House

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: Mint Comical Elastic Band

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: concupiscible apoplectic hunting ground

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: Galvanic cuck box office

pussies!!!!

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