<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:georss="http://www.georss.org/georss" xmlns:gml="http://www.opengis.net/gml"
	>
<channel>
	<title>Comments on: Mortgage Interest Tax Deduction Limits, What Would Happen if Rents Cliff Dive, the Black Hole that is AIG, and Bank Nationalization</title>
	<atom:link href="http://raincityguide.com/2009/02/26/mortgage-interest-tax-deduction-limits-what-would-happen-if-rents-cliff-dive-the-black-hole-that-is-aig-and-bank-nationalization/feed/" rel="self" type="application/rss+xml" />
	<link>http://raincityguide.com/2009/02/26/mortgage-interest-tax-deduction-limits-what-would-happen-if-rents-cliff-dive-the-black-hole-that-is-aig-and-bank-nationalization/</link>
	<description>Seattle&#039;s Leading Resource for Real Estate Information</description>
	<lastBuildDate>Thu, 18 Mar 2010 03:20:05 -0700</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.4</generator>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
		<item>
		<title>By: Chris Worsley</title>
		<link>http://raincityguide.com/2009/02/26/mortgage-interest-tax-deduction-limits-what-would-happen-if-rents-cliff-dive-the-black-hole-that-is-aig-and-bank-nationalization/#comment-337070</link>
		<dc:creator>Chris Worsley</dc:creator>
		<pubDate>Thu, 05 Mar 2009 02:15:25 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=5279#comment-337070</guid>
		<description>Hello Jillayne,

As to organics and the food markets (comment #30), if the federal government  invokes carbon tax fees then the price of chemical fertilizers are likely to increase substantially.  This will help organically produced foods to be more competitive.

Sincerely,

Chris Worsley</description>
		<content:encoded><![CDATA[<p>Hello Jillayne,</p>
<p>As to organics and the food markets (comment #30), if the federal government  invokes carbon tax fees then the price of chemical fertilizers are likely to increase substantially.  This will help organically produced foods to be more competitive.</p>
<p>Sincerely,</p>
<p>Chris Worsley</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Cam Solomon</title>
		<link>http://raincityguide.com/2009/02/26/mortgage-interest-tax-deduction-limits-what-would-happen-if-rents-cliff-dive-the-black-hole-that-is-aig-and-bank-nationalization/#comment-337019</link>
		<dc:creator>Cam Solomon</dc:creator>
		<pubDate>Wed, 04 Mar 2009 13:49:52 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=5279#comment-337019</guid>
		<description>&quot;I think in order for something to be fair, it needs to be porportionate.&quot;  

Proportionate to what?  I deal with proportions all day, every day.  I can assure you I can make a tax &quot;proportionate&quot;, but the rich will not think it&#039;s fair.

There are about 3% of household in this country who make above 200K a year.  I&#039;m sure most work very hard.  I am also sure most derive at least some, if not most of their earnings not directly from their labor, but from the labor of those below them.  Those also working hard, but passing some, if not most, of their income up the food chain.

Take the owner of a trucking company:  

He is benefiting much more than me from the labor of his long-haul truckers he employes, the subsidizing of roads, highways and bridges.  The subsidizing of oil.  The military keeping the world stable in order for commerce to continue unabated and for him to have things to ship.  The free education that his book-keepers and middle-managers obtained.  The public health initiatives that keep his work force on the job.  And on and on.

What&#039;s &quot;proportionate&quot; taxation for him to repay to this country all the tremendous benefits that he has owning a company in the great land? I argue it more than some barista walking to work on Capital Hill.   Not only because he can afford to pay more, but also because he owes more, because this country has provided him the opportunity to make something from his hard work.</description>
		<content:encoded><![CDATA[<p>&#8220;I think in order for something to be fair, it needs to be porportionate.&#8221;  </p>
<p>Proportionate to what?  I deal with proportions all day, every day.  I can assure you I can make a tax &#8220;proportionate&#8221;, but the rich will not think it&#8217;s fair.</p>
<p>There are about 3% of household in this country who make above 200K a year.  I&#8217;m sure most work very hard.  I am also sure most derive at least some, if not most of their earnings not directly from their labor, but from the labor of those below them.  Those also working hard, but passing some, if not most, of their income up the food chain.</p>
<p>Take the owner of a trucking company:  </p>
<p>He is benefiting much more than me from the labor of his long-haul truckers he employes, the subsidizing of roads, highways and bridges.  The subsidizing of oil.  The military keeping the world stable in order for commerce to continue unabated and for him to have things to ship.  The free education that his book-keepers and middle-managers obtained.  The public health initiatives that keep his work force on the job.  And on and on.</p>
<p>What&#8217;s &#8220;proportionate&#8221; taxation for him to repay to this country all the tremendous benefits that he has owning a company in the great land? I argue it more than some barista walking to work on Capital Hill.   Not only because he can afford to pay more, but also because he owes more, because this country has provided him the opportunity to make something from his hard work.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Cam Solomon</title>
		<link>http://raincityguide.com/2009/02/26/mortgage-interest-tax-deduction-limits-what-would-happen-if-rents-cliff-dive-the-black-hole-that-is-aig-and-bank-nationalization/#comment-337018</link>
		<dc:creator>Cam Solomon</dc:creator>
		<pubDate>Wed, 04 Mar 2009 13:04:55 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=5279#comment-337018</guid>
		<description>I&#039;m not sure how this will make you feel, but I found it interesting.

There was a poll in the NYTimes magazine a year or so ago, asking people if they felt poor &quot;in the presence of the rich&quot;.  

The people who responded saying they felt poor, were not the actual poor, or even the &quot;middle-class&quot;, but those making more than $200K.

I find this to be a clue as to where our country went off the tracks these last few years.  

If I&#039;m confronted with one of these individuals, we will never agree on what is &quot;fair&quot;.  Their perceptions are something I will never be able to wrap my head around, no matter how much money I end up making in my life.  

At least I hope not.</description>
		<content:encoded><![CDATA[<p>I&#8217;m not sure how this will make you feel, but I found it interesting.</p>
<p>There was a poll in the NYTimes magazine a year or so ago, asking people if they felt poor &#8220;in the presence of the rich&#8221;.  </p>
<p>The people who responded saying they felt poor, were not the actual poor, or even the &#8220;middle-class&#8221;, but those making more than $200K.</p>
<p>I find this to be a clue as to where our country went off the tracks these last few years.  </p>
<p>If I&#8217;m confronted with one of these individuals, we will never agree on what is &#8220;fair&#8221;.  Their perceptions are something I will never be able to wrap my head around, no matter how much money I end up making in my life.  </p>
<p>At least I hope not.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Rhonda Porter</title>
		<link>http://raincityguide.com/2009/02/26/mortgage-interest-tax-deduction-limits-what-would-happen-if-rents-cliff-dive-the-black-hole-that-is-aig-and-bank-nationalization/#comment-337001</link>
		<dc:creator>Rhonda Porter</dc:creator>
		<pubDate>Wed, 04 Mar 2009 05:27:15 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=5279#comment-337001</guid>
		<description>Cam, that&#039;s really not an accurate picture in my opinion...and I see a lot of loan applications from many income levels.  There are plenty of folks driving a mercedes or lexus who make less annually than what the car (once) sold for.  

I think in order for something to be fair, it needs to be porportionate. 

For the record, today I&#039;m so tired of hearing Timothy Geithner talk about &quot;fair&quot; and income taxes...considering how he tried to slip by not paying back taxes he owed...ironic.</description>
		<content:encoded><![CDATA[<p>Cam, that&#8217;s really not an accurate picture in my opinion&#8230;and I see a lot of loan applications from many income levels.  There are plenty of folks driving a mercedes or lexus who make less annually than what the car (once) sold for.  </p>
<p>I think in order for something to be fair, it needs to be porportionate. </p>
<p>For the record, today I&#8217;m so tired of hearing Timothy Geithner talk about &#8220;fair&#8221; and income taxes&#8230;considering how he tried to slip by not paying back taxes he owed&#8230;ironic.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Cam Solomon</title>
		<link>http://raincityguide.com/2009/02/26/mortgage-interest-tax-deduction-limits-what-would-happen-if-rents-cliff-dive-the-black-hole-that-is-aig-and-bank-nationalization/#comment-336943</link>
		<dc:creator>Cam Solomon</dc:creator>
		<pubDate>Tue, 03 Mar 2009 04:53:26 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=5279#comment-336943</guid>
		<description>I think a graduated income tax, where those who can afford more pay more, is very fair.  

If you are living off of 20K a year, 35% of that or 7K would be the difference between eating top-raman and Annie&#039;s mac and cheese.

For those earning 200K, a year, it means a Lexus instead of a Mercedes.  

I think I&#039;ll let them eat Annie&#039;s and let the rich make due with the Lexus.</description>
		<content:encoded><![CDATA[<p>I think a graduated income tax, where those who can afford more pay more, is very fair.  </p>
<p>If you are living off of 20K a year, 35% of that or 7K would be the difference between eating top-raman and Annie&#8217;s mac and cheese.</p>
<p>For those earning 200K, a year, it means a Lexus instead of a Mercedes.  </p>
<p>I think I&#8217;ll let them eat Annie&#8217;s and let the rich make due with the Lexus.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Rhonda Porter</title>
		<link>http://raincityguide.com/2009/02/26/mortgage-interest-tax-deduction-limits-what-would-happen-if-rents-cliff-dive-the-black-hole-that-is-aig-and-bank-nationalization/#comment-336940</link>
		<dc:creator>Rhonda Porter</dc:creator>
		<pubDate>Tue, 03 Mar 2009 04:16:55 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=5279#comment-336940</guid>
		<description>Cam, what is a fair percentage to pay back?  In my mind, a flat percentage is fair and equal.  If you make less, you pay less--a proportionate share...if you make more, you pay the same percentage and you&#039;re paying more &quot;back&quot;.</description>
		<content:encoded><![CDATA[<p>Cam, what is a fair percentage to pay back?  In my mind, a flat percentage is fair and equal.  If you make less, you pay less&#8211;a proportionate share&#8230;if you make more, you pay the same percentage and you&#8217;re paying more &#8220;back&#8221;.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Cam Solomon</title>
		<link>http://raincityguide.com/2009/02/26/mortgage-interest-tax-deduction-limits-what-would-happen-if-rents-cliff-dive-the-black-hole-that-is-aig-and-bank-nationalization/#comment-336937</link>
		<dc:creator>Cam Solomon</dc:creator>
		<pubDate>Tue, 03 Mar 2009 04:00:13 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=5279#comment-336937</guid>
		<description>Woops!  You are right.  My baby&#039;s everywhere!

Creepy.</description>
		<content:encoded><![CDATA[<p>Woops!  You are right.  My baby&#8217;s everywhere!</p>
<p>Creepy.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Cam Solomon</title>
		<link>http://raincityguide.com/2009/02/26/mortgage-interest-tax-deduction-limits-what-would-happen-if-rents-cliff-dive-the-black-hole-that-is-aig-and-bank-nationalization/#comment-336936</link>
		<dc:creator>Cam Solomon</dc:creator>
		<pubDate>Tue, 03 Mar 2009 03:52:07 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=5279#comment-336936</guid>
		<description>Heh.  I think it must be your computer, Rhonda.

I am also in favor if getting rid of waste and promoting jobs.  I&#039;m also for fair taxation.   I&#039;m not sure who isn&#039;t.  

I just happen to think that those who have inordinately benefited from all this country provides - be it infrastructure, education, government funded research, health care, security, or any of a thousand other things that people take for granted but makes this country great and allows people to take those risks and make their mint - they should pay back what I consider a fair share, so that the next generation will also share in the fruits of our great nation and continue to allow all those less fortunate a chance, through hard work, to also achieve a prosperous lifestyle.  

I particularly think that those who profit on the backs of those less fortunate should pay even greater percentages in order to pay for the health care and education that their employees might otherwise not be able to afford.  

If you think 10% of income will perpetuate that, you need to look at the numbers a bit more closely.  That wouldn&#039;t even fund the military, much less the important things.</description>
		<content:encoded><![CDATA[<p>Heh.  I think it must be your computer, Rhonda.</p>
<p>I am also in favor if getting rid of waste and promoting jobs.  I&#8217;m also for fair taxation.   I&#8217;m not sure who isn&#8217;t.  </p>
<p>I just happen to think that those who have inordinately benefited from all this country provides &#8211; be it infrastructure, education, government funded research, health care, security, or any of a thousand other things that people take for granted but makes this country great and allows people to take those risks and make their mint &#8211; they should pay back what I consider a fair share, so that the next generation will also share in the fruits of our great nation and continue to allow all those less fortunate a chance, through hard work, to also achieve a prosperous lifestyle.  </p>
<p>I particularly think that those who profit on the backs of those less fortunate should pay even greater percentages in order to pay for the health care and education that their employees might otherwise not be able to afford.  </p>
<p>If you think 10% of income will perpetuate that, you need to look at the numbers a bit more closely.  That wouldn&#8217;t even fund the military, much less the important things.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Rhonda Porter</title>
		<link>http://raincityguide.com/2009/02/26/mortgage-interest-tax-deduction-limits-what-would-happen-if-rents-cliff-dive-the-black-hole-that-is-aig-and-bank-nationalization/#comment-336934</link>
		<dc:creator>Rhonda Porter</dc:creator>
		<pubDate>Tue, 03 Mar 2009 03:31:34 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=5279#comment-336934</guid>
		<description>Cam, for the record, I&#039;m not a Limbaugh fan.  What&#039;s wrong with an equal income tax...of 10% for example.

You make $20,000 = 2k for tax.
200k = 20k 

Look at Greg Perry&#039;s comment again...it&#039;s wrong to have those with the highest income taxed at the highest rate. 

I&#039;m for getting rid of waste and promoting jobs...and fair taxation (if we must be taxed). 

bleh...  ps....is it my computer or do you now write all the post at RCG (check out the photos below).</description>
		<content:encoded><![CDATA[<p>Cam, for the record, I&#8217;m not a Limbaugh fan.  What&#8217;s wrong with an equal income tax&#8230;of 10% for example.</p>
<p>You make $20,000 = 2k for tax.<br />
200k = 20k </p>
<p>Look at Greg Perry&#8217;s comment again&#8230;it&#8217;s wrong to have those with the highest income taxed at the highest rate. </p>
<p>I&#8217;m for getting rid of waste and promoting jobs&#8230;and fair taxation (if we must be taxed). </p>
<p>bleh&#8230;  ps&#8230;.is it my computer or do you now write all the post at RCG (check out the photos below).</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Cam Solomon</title>
		<link>http://raincityguide.com/2009/02/26/mortgage-interest-tax-deduction-limits-what-would-happen-if-rents-cliff-dive-the-black-hole-that-is-aig-and-bank-nationalization/#comment-336930</link>
		<dc:creator>Cam Solomon</dc:creator>
		<pubDate>Tue, 03 Mar 2009 03:07:05 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=5279#comment-336930</guid>
		<description>That&#039;s 208K, after adjustment for personal exemptions and various deductible expenses.  Anyone making that kinda jack who can&#039;t find 42K worth of exemptions and expenses is too stupid to be making that kind of money.

I repeat: if you can find even one person in our entire nation making less than 250K who&#039;s situation hasn&#039;t  changed,  whose tax bill increases in 2009 vs. 2008, I&#039;ll be the first to call Obama a liar.  Until then, it&#039;s just a bunch of Limbaugh rhetoric in my mind.</description>
		<content:encoded><![CDATA[<p>That&#8217;s 208K, after adjustment for personal exemptions and various deductible expenses.  Anyone making that kinda jack who can&#8217;t find 42K worth of exemptions and expenses is too stupid to be making that kind of money.</p>
<p>I repeat: if you can find even one person in our entire nation making less than 250K who&#8217;s situation hasn&#8217;t  changed,  whose tax bill increases in 2009 vs. 2008, I&#8217;ll be the first to call Obama a liar.  Until then, it&#8217;s just a bunch of Limbaugh rhetoric in my mind.</p>
]]></content:encoded>
	</item>
</channel>
</rss>
