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Thread: "Hidden" mortgage fee paying for payroll tax cut

  1. #11
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    Re: "Hidden" mortgage fee paying for payroll tax cut

    Quote Originally Posted by mike2810 View Post
    As the saying goes, "their is no such thing as a free ride".
    While I may not agree with the fee on loans for houses, at least Congress came up with a way to offset the reduction in funds going into SS.
    Revenue had to be raised or other items would have to be cut. It is shame Congress is doing such a poor job in developing and implementing a sound federal budget.
    Yeah, great job Congress. Take money out of SS and replace it with a $15 to $20 per month fee on loans in the already depressed housing market. An even bigger hoot is that the money to "replace" the money taken from SS goes into the general fund rather than into the SS fund where they can spend it on more pork.

    No wonder SS is going broke and contributing billions to the deficit.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: "Hidden" mortgage fee paying for payroll tax cut

    Quote Originally Posted by mike2810 View Post
    As the saying goes, "their is no such thing as a free ride".
    While I may not agree with the fee on loans for houses, at least Congress came up with a way to offset the reduction in funds going into SS.
    Revenue had to be raised or other items would have to be cut. It is shame Congress is doing such a poor job in developing and implementing a sound federal budget.
    Um what federal budget?


    Tim-
    “When buying and selling are controlled by legislation, the first things to be bought and sold are legislators.” - P. J. O’Rourke
    “Socialism is great until you run out of someone elses money” Margaret Thatcher

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    Re: "Hidden" mortgage fee paying for payroll tax cut

    This whole thing is retarded. They are using one thing to hide another. And these people will keep getting voted in.

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    Re: "Hidden" mortgage fee paying for payroll tax cut

    Quote Originally Posted by Prof. Peabody View Post
    SURPRISE! Barry show up with his hand in your wallet AGAIN! That's the one thing you can absolutely count on even in this volatile economic climate. If the Democrats promise to cut your taxes, you can bet you entire backside they will stuff it up your jumbo someplace else. This is just another good example of their two faced chicanery.

    If you want the economy to really recover, if you want a good well paying job, if you want gas prices back down to where they should be....toss the 13 Democrats in the Senate up in 2012 out on their collective asses!
    Doesn't anyone do the numbers? The tax is 1/10 of 1% of purchase price. That's $200 on a $200,000 home. Hardly the $9,500 the mortgage broker told his client. I'm also quite sure that tax isn't being deposited in the SS fund either. Stupid article. Spinning out of control.

    And no wonder we're in so much trouble. Even the intelligensia on DP can't multiply.
    Last edited by MaggieD; 02-07-12 at 11:20 AM.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: "Hidden" mortgage fee paying for payroll tax cut

    Quote Originally Posted by mike2810 View Post
    While I may not agree with the fee on loans for houses, at least Congress came up with a way to offset the reduction in funds going into SS.
    Revenue had to be raised or other items would have to be cut.
    So cut other items then. Wouldn't we all rather know what we're missing out on than keep getting conned by these assholes? If you're going to put a dollar in my pocket and sneak $2 from my other one, just tell me you're taking a dollar from me in the goddamn first place.

    This practice is pure deception.


    And where the **** are all the Obama defenders?

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    Re: "Hidden" mortgage fee paying for payroll tax cut

    Quote Originally Posted by MaggieD View Post
    Doesn't anyone do the numbers? The tax is 1/10 of 1% of purchase price. That's $200 on a $200,000 home. Hardly the $9,500 the mortgage broker told his client. I'm also quite sure that tax isn't being deposited in the SS fund either. Stupid article. Spinning out of control.

    And no wonder we're in so much trouble. Even the intelligensia on DP can't multiply.
    If the articles I've read are wrong I would like to see the correct information. I've read it was 1/10 of 1% monthly. Not a one time tax on the purchase price.

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    Re: "Hidden" mortgage fee paying for payroll tax cut

    Quote Originally Posted by Hicup View Post
    Um what federal budget?


    Tim-
    You know, continue resolution, etc. There has to be some sort of spending bill signed by the President. But your right, a "budget" has not been passed by the house and senate for quite some time.
    "I can explain it to you but, I can't understand it for you"

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