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Higher interest rates are fine if you're looking to buy, more expensive money means cheaper housing. That's what's happening here. People forget that interest r
by hendersoon 8y ago
Higher interest rates are fine if you're looking to buy, more expensive money means cheaper housing. That's what's happening here. People forget that interest rates aren't _normally_ 0% as they've been for most of the past decade.
Losing the SALT deduction really burns, though. That's new.
- hackeraccount 8y agoFor all the talk of wanting to stick it to the rich SALT is what the Democrats are going after. When the Democrats are in a position to write their own tax bill, there will be 3 times as many brackets, the top bracket will be 90% and - as a "compromise" they'll bring back SALT.
- jdhn 8y agoI always get a chuckle when hearing Democrats talk nonstop about how the rich need to be taxed to pay their fair share, and then they turn around and talk about how horrible the SALT cap is.