Yesterday, the House of Dear Leader leaked that a special commission will recommend taking the hatchet to the mortgage interest deduction in the tax code. While Congress will likely never come within 50 miles of this recommendation, the mere thought of it leaves a number of Californians with that cold, "soon we'll be living on the street" feeling. The talk is that the commission will recommend trimming the interest deduction from its current levels ($1 million) to levels that are hilariously comical in California (somewhere around $310,000, which is considerably less than the Bay Area's $619,000 median price paid for a home).
Anyway, the reason I bring any of this up is because I have learned on good authority that KGO-TV in San Francisco reported on this story during last night's newscast. And when they mentioned how difficult it is to stretch one's dollar in the Bay Area housing market, and how Bush's little plan would probably ruin an awful lot of Californians financially, they showed footage of the exterior of our home -- the one Tiersa and I just bought a couple of months ago.
Is KGO-TV trying to tell us something?
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