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View Diary: Romney's Plan Would End Mortgage Interest Deduction (131 comments)

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  •  Don's screw over homeowners... (0+ / 0-)

    ...and we'll talk.

    But of course, this setting us against ourselves is just what serves Republicans best.  Angry at the benefits of a tax break for homeowners?  Great - Republicans love that.

    The road to Hell is paved with pragmatism.

    by TheOrchid on Wed Jun 20, 2012 at 11:51:28 AM PDT

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    •  There is no "ourselves" here. (0+ / 0-)

      I'm not of a group with people who believe they should get to have their purchase of a home subsidized at the direct expense of people who cannot afford to buy one.

      More and more, privileged white collar assholes keep telling me that somehow it's me and them against the 1% - but more and more, they keep fucking me and mine over in order to try to hang on to what they consider their historic privileges.

      The lower rungs of the affluent now see that they may be cast down to where my family has been since we got to this country, and come trying to make some sort of common cause in their terror?  All the while talking about how proud the rest of us should be to be permitted to help them keep profiting at our expense?

      Pay your fucking taxes.  Stop trying to find loopholes and dodges to get out of paying back to a society that has given you so much that you own a house.  Show some gratitude, and understand that you're massively under taxed if we look at any other industrialized nation.

      Rejecting lemon socialism isn't falling for some Republican ploy - it's just a result of being capable of seeing my own self interest.

      “The administration should be worried about the level of despair here.” ~Markos Moulitsas at NN12

      by JesseCW on Wed Jun 20, 2012 at 12:12:53 PM PDT

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      •  So I'm a white collar asshole? (0+ / 0-)

        Why don't you and your problems go fuck yourselves.

        The road to Hell is paved with pragmatism.

        by TheOrchid on Wed Jun 20, 2012 at 01:15:07 PM PDT

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      •  Many people would end up in foreclosure (1+ / 0-)
        Recommended by:
        JamieG from Md

        if you pulled the plug on this. Being a renter shouldn't make you callous to the plight of ordinary people who bought houses that they would not be able to afford if the deduction were taken away. They aren't all affluent. They didn't do anything evil and they don't deserve to be punished. They made rational financial decisions based on existing circumstances.

        Driving a lot more people into foreclosure would be a disaster for the whole economy. It's the last thing we need right now.

        Consider that the existence of the deduction drives up house prices. People who have mortgages get to take advantage of the deduction, but they have also paid for it with higher prices. It's not at all clear who actually benefits from it, but it is clear who would get hurt if it were abruptly taken away - many people across the whole income spectrum.

        Eliminating the deduction may be a good thing in the long run, but it requires a lot of thought to do it in a way that doesn't have disastrous consequences.

        We decided to move the center farther to the right by starting the whole debate from a far-right position to begin with. - Former House Majority Leader Tom DeLay

        by denise b on Wed Jun 20, 2012 at 08:18:54 PM PDT

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