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All-In [27232]
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Heisman Winner [119832]
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Re: This is a whole big bundle of stupid now matter how you cut it.
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Mar 22, 2024, 4:04 PM
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Do you agree now he’s trying to buy votes?
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All-In [27232]
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Every politician is trying to buy votes one way or another.
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Mar 22, 2024, 10:52 PM
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And I've never suggested Biden wasn't. But this isn't an example of it because the number of people who this benefits is exactly 0. Nobody is selling their house because they can suddenly collect a $10k tax credit, and the people who will get the tax credit simply from the fact they were selling anyways aren't exactly impressionable swing voters that can be bought.
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All-TigerNet [11236]
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He should give tax credits to
Mar 22, 2024, 4:13 PM
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yurt builders and have them build a shid load of’em. Double the tax credit if you’re filing jointly and build your own yurt.
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All-In [27232]
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Yep. If the feds are going to do anything.
Mar 22, 2024, 9:56 PM
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And they shouldn't. It should be to incentive building. But Biden loves his tariffs so what control he does have over building prices is not going to be used.
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110%er [5707]
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All-TigerNet [13360]
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All-In [27232]
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Bud...this post has about the same economic rigor as Biden's plan.
Mar 22, 2024, 10:46 PM
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Inventory is absolutely an issue driving prices. That is base-level supply/demand. Whether you believe we need to build more or prevent corporate ownership of housing, it is based on the same principle -- increasing the supply of available housing.
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All-TigerNet [13360]
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Economic rigor??
Mar 22, 2024, 11:20 PM
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He has more control of the interest rates and the ability to influence inflation than controlling the supply side of real estate!
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Standout [321]
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All-TigerNet [12274]
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We have become so unhinged from our original Constitutional moorings that stuff
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Mar 23, 2024, 7:37 AM
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like this Biden $10k tax credit for selling a "starter home" (using whatever goofy meaning the IRS or Government will attach to defining a "starter home") hardly raises an eyebrow. Our Federal Government has absolutely no Constitutional business in this yet it has become an accepted norm...
Politicians look at the IRS and the US tax code and see it as a nothing but a political opportunity. They use it to funnel money to preferred constituencies, to modify and encourage/discourage desired public behavior, and have no problem using the IRS processes and the tax code as a weapon to punish their opponents or people they simply don't like. The IRS is among the crown jewels of their inner authoritarian carrot and stick approach to governing.
If anyone wants to know the wellspring from which US "crony capitalism" flows - where the Government routinely interferes in the free market to pick the winners and losers - then look no further than the US tax code. Our political class manipulates reams of bureaucratic agency regulations and the US tax code with its thousands of pages of loopholes, credits, and carved out exceptions to tighten their control over everything. To be sure - the political class are clever at selling their manipulations as a benevolent and morally righteous pig but beneath their rhetorical masks is an ugly, fat, fascistic swine whose appetite for more power is never satisfied.
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110%er [5707]
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100% and if its not fixed
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Mar 23, 2024, 9:59 AM
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the cancer known as the federal government will be fatal. It may be terminal at this point.
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All-In [27232]
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Though in the scale of terrible things
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Mar 23, 2024, 12:23 PM
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Dems desire to repeal SALT caps is far worse and a much bigger handout when it comes to gaming real estate taxes.
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