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Superman Superman is offline
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Join Date: Mar 2000
Location: Lacey, WA. USA
Posts: 25,312
Gaijindabe, you're scaring me. If you're cleverly trying to get me to make conservative arguments for you guys, it's working. Tax breaks are indeed a nice way to encourage investment in certain areas. Let's tak, ummmmmm....

Deduction for home mortgage interest. I hear talk about various investment strategies and I'm thinking: Okay, the system allows me to throw a few thou on the table for closing costs, and then "own" a six-figure asset. I get to keep the appreciation on the increased value of the property. So, in one year I can recover my investment. In just a few years I can earn a rate of return in the neighborhood of 200 to 300%.
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Old 03-10-2005, 03:11 PM
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