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yellowhoard

yellowhoard
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  • Barrick Gold Nails the Hedge [View article]
    OK. So Obama is going to take away interest deductibility from home mortgages for those that earn over $250,000 per year.

    I guess he wants the "rich" to sell stocks and bonds and pay off the balance of their mortgages. Or, sell their homes and rent.

    Does anyone really think that he'll readjust tax brackets for inflation when Joe Sixpack suddenly finds himself making $250,000 annually, after he has destroyed the value of the dollar?
    Feb 27 01:42 PM | 9 Likes Like |Link to Comment
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