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Article #7958

Re: Pay up - or take the bus

#7958
From: Rod Speed
Date: Wed, 28 Sep 2005 08:57
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SoCalMike <Mikein562athotmail@hotmail.com> wrote
> Larry Bud wrote

>> It's still 4.9%, with revenue going up each year since the tax breaks,
>
> due to the overheated real estate market.

Nope, that is due to the historically low interest rates.

> people buying new houses at higher property tax brackets, and doing cash-out 
> refi's to buy blingbling stuff that they pay sales tax on.

Nope. 
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From: "Rod Speed" <rod_speed@yahoo.com>
Newsgroups: misc.consumers,misc.consumers.frugal-living,rec.autos.driving,ca.driving
Subject: Re: Pay up - or take the bus
Date: Wed, 28 Sep 2005 18:57:59 +1000
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