Hopefully all of them. I only want to be able to buy things from Wal-Mart. Hopefully someday Wal-Mart will be government controlled too. :lol:
It will suck but why do you say bankrupt? Grow lights?
Do you have any idea what it costs to run a business? If this goes through many people will have to close shop because of the massive tax increases. They would have to almost double their prices just to cover the extra taxes and show any form of profit. Anytime costs go up for a business, people get laid off, costs to the consumer go up, and the economy gets worse. Obama and the Dems truly are completely clueless at this point. YOU CAN NOT RAISE TAXES AND PUT A BURDEN OF THIS MAGNITUDE ON THE PRIVATE SECTOR WHEN WE ARE IN A FINANCIAL CRISIS ALREADY!!!
Your math sucks.
Interest = Tax Deductible
Taxes = Tax Deductible
Housing Maintenance = $10k? Don’t buy such a shitty house, and don’t spend money that isn’t going to net a return.
Comparing increased energy costs is hardly applicable unless you bought a house the same size as your apartment.
:mamoru:
I’d bet he has a heck of a lot better idea than you do.
Oh, I hear ya and yeah I have some idea of what it costs, I just wondered if you had something specific in mind. Maybe a business that uses a lot of electricity for example newer aluminum mills use electric arc furnaces. This will crush them I would think. Thank God China dumps a shitload of aluminum here. Maybe we can make our windmills from Chinese aluminum. Although at that point the windmills themselves will be made in China. Once all of the factories close here we won’t need much electricity. PERFECT!
Yeah, I laughed a little too.
Yeah, it used to be more, but I put the smack down on my old lady for have anything with a switch turned on 24/7.
I wasn’t saying Interest on a mortgage I was counting that as lost interest from the money I’d have in the bank.
How much of a tax decutable would I get from paying property tax? Would it reduce the ~3K I have to pay on my taxes each year?
That is the big thing, I’d never buy a house the size of an apartment unless I was in Buffalo. 1500<1750 sq ft house with no basement, no thanks!
I’m just saying generally you loose your ass on a house, unless you can flip it quick.
I don’t think you typically lose your ass (other than the last couple years).
The only bad time to build in the last several decades was right after I built.:banghead:
If you are lucky enough to only pay$1200/month rent for 30 years (which is not realistic) you would be paying $432000 and have nothing to show for it.
Assuming the housing market gets back on track in the next 30 years I should be able to sell my house for well over a million dollars maybe 2 or 3, who knows.
Want… 
You are just picking and chosing points to suit your argument.
You have $200k in cash sitting around right now? Didn’t think so. Don’t count magic income in your equation you don’t have.
If you bought a house now, you’d not only get the typical benefits of appreciation, and tax savings, you’d get your $8k freebie from the big O. If you are saying you are some how going to lose tens of thousands of dollars in additional sunk costs like energy bills then you are just comparing apples and oranges. “OMG, its going to cost more to heat my 3,000 sqft house than my 500 sqft apartment.” I mean, that doesn’t sound totally retarded to you?
You know what, do it this way.
You’re throwing away that $45k because you could be living in your moms basement rent free :banghead:
Yeah, there is quality of life as well. I feel like I am on vacation at my new house.
And generally you only “lose” your ass on a house if you end up selling it quickly.
Except that in the article already are the seeds of its failure. China can file a WTO complaint that declares this “carbon tariff” anti-competetive/protectionist (which it honestly is), and get it thrown out. And alternative energies will for much of the forseeable future, be more expensive per MW than carbon-based ones; therefore China WILL win out until no manufacturing capacity exists in the US.
What would have been more even-handed (and more direct to regulate) than cap-and-trade is a straightforward carbon-based VAT that applies to ALL goods, not just those made in the USA.
I cant wait to see the :picard: 's when all our manufacturing is overseas and we go to war with a nation like china in 15 years.