Apr 16, 2012
nowhiners commented on
Robert Reich Explains Bain Capital (Rmoney).
The mortgage interest deduction can be considered a "regressive tax break" as the actual dollar amount of the benefit increases as you approach the $1 million in mortgage debt limit. To the extent that real estate owned is correlated with income, it does disproportionally benefit high earners.
Whether you like the deduction or not, using a dollar amount, rather than "no second homes" policy is superior. You should get the same benefit if you choose a modest primary plus second home, or one big one.
Dec 19, 2011
nowhiners commented on
Mitt Romney Continues to Make Mad Money Off of Bain Capital.
So you're saying Bain is a NET destroyer of jobs? Please show the data. It makes headlines when a company restructures then fires a large group all at once. Individual hirings due to injections of capital from companies like Bain are incorrectly ignored.
Dec 19, 2011
nowhiners joined My Stranger Face
Dec 19, 2011
nowhiners joined My Stranger Face