One said that under the GOP tax plan people making less than $100,000? For a lot of them, their tax rate is going to go up!
OH NO!
Wait. Tax Rate? You specifically said 'Tax Rate', not tax or taxes. I don't care what that rate number is. Will I write a check to the treasury for more than I pay now or not? Rate doesn't matter, the dollar amount does. Will I pay more or less. Rate is meaningless.
Phrasing it that way and not being called on it is a biased argument and against my interests.
They also talk about how the precious mortgage deduction is getting assailed. Yes, last I checked for mortgages bigger than $500,000. If you can afford a mortgage that high, you probably put at least $100,000 down. So, I am not very sympathetic to someone not being able to take a mortgage deduction on that last $10,000 borrowed for a home that cost $610,000. Enjoy your lovely home. Gonna tax you 39% of $400 this year you wouldn't have paid last year, or something.
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Then Ron Wyden was heard: "Like Yogi Bear says, It's tough to make predictions, especially about the future."
Yeah. He said Yogi Bear. Not Berra. I'd have thought it a slip but Wyden is pretty damn dumb throughout the interview. Like a bag of hammers, he.
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