The GOP Has a Dumb Mortgage Idea
In the Wall Street Journal, Ed Glaeser rips the US Senate GOP's plans to underwrite mortgages and offer an additional tax credit for home-buyers
More criticism of this silly socialism:
- Heritage: The Senate's Flawed 4 Percent Mortgage Refinance Plan
- Thomas Sowell: The Republicans as Democrats.
- NTU Vote Alert on Ensign Amendment to Stimulus
- Club for Growth: SENATE Key Vote Alert - 'Fix Housing First'
- Tyler Cowen: Tax break for homebuyers?
- Michelle Malkin: Message to Senate GOP: Stop propping up the housing market
2 comments:
THE TAX CODE IS NOT A SOCIAL ENGINEERING TOOL.
The tax code should be used for one thing and one thing only: To raise enough money to fund Constitutionally authorized expenditures, in the least destructive manner possible, PERIOD. The Tax Code must never be used as a means by which to herd the citizens or manipulate the economy.
The Republicans are cross-dressing as Democrats.
Mortgage is the root of our economic crisis.So it is really important to be updated... Government should really prioritize this issue.
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