Detailed market commentary at The Market Ticker
(The Year 2012 In Review)
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|User Info||Rob The Government, Help Government Motors!; entered at 2012-07-17 13:36:41|
Registered: 2008-02-25 Los Angeles to Oklahoma, at least temporarily for now!
Probably GM finances. Hey, if that is how it is written into the tax code, it is not scam but a loophole. The code is full of such measures and if someone takes advantage of it, it is called tax planning.|
Now some people might be outraged by that, but hey people that supposedly own houses with mortgages deduct the interest but people who rent properties with mortgages do not get any deduction. I know you say that is fair. Well that is the law and that is how it works.
Do I like it no, but something to think about as we move towards year end.