akasha_108 wrote: >--- In [email protected], Bhairitu <[EMAIL PROTECTED]> wrote: > > >>akasha_108 wrote: >> >> >> >>>--- In [email protected], Bhairitu <[EMAIL PROTECTED]> wrote: >>> >>> >>> >>> >>>>The riots in France will pale to ones here in the US if the mortgage >>>>interest deduction is taken away. :) >>>> >>>> >>>> >>>> >>>Those with homes above the regional average price, upper middle class >>>and super rich are going to riot in the streets? At the same time that >>>the AMT would be taken away -- a huge benefit to this class. >>> >>>(Because of you know of course that the proposal is to simple reduce >>>the deduction to regional averages -- or similar, not eliminate them.) >>> >>> >>> >>> >>> >>Nobody is really sure what it means and besides it is highly >> >> >unlikely to > > >>pass. >> >> > >Its pretty clearly articulated. Its based on the fedearal loan >guarantee limits in each area. > > But if its not going to pass, whats the fuss? > > But if it does there certainly will be.
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