[Greenbuilding] ending mortgage tax deduction for houses >3, 000 square feet...
Speireag Alden
speireag at gmail.com
Wed Aug 22 19:50:38 EDT 2007
Sgrìobh Reuben Deumling:
>Powerful U.S. Rep. John Dingell revealed Tuesday new details of his plan to
>cut global warming, including adding a 50-cents-a-gallon tax on gasoline and
>ending the mortgage tax deduction on what he called "McMansions," homes
>larger than 3,000 square feet.
Works for me.
Alternatively, only permit a deduction on the value of the first
3000 sqft, as determined by ratio of total square footage to total
property value.
But a straight cut-off is simpler.
>Dingell, the auto industry's staunchest defender in Washington, D.C., but a
>legislator who also has a strong environmental record, is faced with what he
>called the most difficult battle of his career, trying to persuade the
>country to accept fixes for greenhouse gases that will be unpopular and
>painful to people's wallets.
If he can pull it off, he's a magician. But I hope he does.
-Speireag.
--
Anger, if not restrained, is frequently more hurtful to us than the
injury that provokes it.
--Lucius Annaeus Seneca, philosopher (BCE 3-65 CE)
More information about the Greenbuilding
mailing list