[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

"America Must Slash Red Tape to Make Nuclear Power Great Again!!"

"Why the DemocRATZ Activist Class Couldn’t Celebrate the Cease-Fire They Demanded"

Antifa Calls for CIVIL WAR!

British Police Make an Arrest...of a White Child Fishing in the Thames

"Sanctuary" Horde ASSAULTS Chicago... ELITE Marines SMASH Illegals Without Mercy

Trump hosts roundtable on ANTIFA

What's happening in Britain. Is happening in Ireland. The whole of Western Europe.

"The One About the Illegal Immigrant School Superintendent"

CouldnÂ’t believe he let me pet him at the end (Rhino)

Cops Go HANDS ON For Speaking At Meeting!

POWERFUL: Charlie Kirk's final speech delivered in South Korea 9/6/25

2026 in Bible Prophecy

2.4 Billion exposed to excessive heat

🔴 LIVE CHICAGO PORTLAND ICE IMMIGRATION DETENTION CENTER 24/7 PROTEST 9/28/2025

Young Conservative Proves Leftist Protesters Wrong

England is on the Brink of Civil War!

Charlie Kirk Shocks Florida State University With The TRUTH

IRL Confronting Protesters Outside UN Trump Meeting

The UK Revolution Has Started... Brit's Want Their Country Back

Inside Paris Dangerous ANTIFA Riots

Rioters STORM Chicago ICE HQ... "Deportation Unit" SCRAPES Invaders Off The Sidewalk

She Decoded A Specific Part In The Bible

Muslim College Student DUMBFOUNDED as Charlie Kirk Lists The Facts About Hamas

Charlie Kirk EVISCERATES Black Students After They OPENLY Support “Anti-White Racism” HEATED DEBATE

"Trump Rips U.N. as Useless During General Assembly Address: ‘Empty Words’"

Charlie Kirk VS the Wokies at University of Tennessee

Charlie Kirk Takes on 3 Professors & a Teacher

British leftist student tells Charlie Kirk facts are unfair

The 2 Billion View Video: Charlie Kirk's Most Viewed Clips of 2024

Antifa is now officially a terrorist organization.

The Greatness of Charlie Kirk: An Eyewitness Account of His Life and Martyrdom

Charlie Kirk Takes on Army of Libs at California's UCR

DR. ALVEDA KING: REST IN PEACE CHARLIE KIRK

Steven Bonnell wants to murder Americans he disagrees with

What the fagots LGBTQ really means

I watched Charlie Kirk get assassinated. This is my experience.

Elon Musk Delivers Stunning Remarks At Historic UK March (Tommy Robinson)

"Transcript: Mrs. Erika Kirk Delivers Public Address: ‘His Movement Will Go On’"

"Victor Davis Hanson to Newsmax: Kirk Slaying Crosses Rubicon"

Rest In Peace Charlie Kirk

Charlotte train murder: Graphic video captures random fatal stabbing of young Ukrainian refugee

Berlin in July 1945 - Probably the best restored film material you'll watch from that time!

Ok this is Funny

Walking Through 1980s Los Angeles: The City That Reinvented Cool

THE ZOMBIES OF AMERICA

THE OLDEST PHOTOS OF NEW YORK YOU'VE NEVER SEEN

John Rich – Calling Out P. Diddy, TVA Scandal, and Joel Osteen | SRS #232

Capablanca Teaches Us The ONLY Chess Opening You'll Ever Need

"How Bruce Springsteen Fooled America"

How ancient Rome was excavated in Italy in the 1920s. Unique rare videos and photos.


Status: Not Logged In; Sign In

Humor
See other Humor Articles

Title: Housing Subsidies: A Play in One Act
Source: Weekly Standard
URL Source: http://www.weeklystandard.com/blogs ... idies-play-one-act_934046.html
Published: Apr 29, 2015
Author: Ike Brannon
Post Date: 2015-04-30 07:06:16 by Tooconservative
Keywords: None
Views: 2973
Comments: 4

Bob: I've got an idea for a new government program to help homeowners.

Ray: Alright, what'd you have in mind? 

Bob: Hear me out. The government should send people a check every year to people who own a home--you know, to help them cover their costs a bit.

Ray: I’m not saying no, but why would we do that?

Bob: Home ownership is GOOD! Mom, apple pie, American flag, all that. People owning their own homes is good for America--people behave better when they own a home, right?

Ray: I thought it was the other way around, that people who behave better are more likely to have the wherewithal to buy a house. 

Bob: Tomato, tomahto, right? We’re talking about the same thing, essentially.

Ray: No one says "tomahto," Bob.

Bob: Whatever. What about my idea? 

Ray: The thing is, we don’t have a lot of money at the moment--if you hadn't noticed we’re running a $600 billion deficit, and that’s only going up the next few years. 

Bob: We don’t have to give it to all homeowners, just a select group.

Ray: Oh. Well, maybe if it could be done in an affordable... 

Bob: The wealthiest ones. 

Ray: Pardon?

Bob: The checks should go mainly to the wealthiest homeowners, and the subsidy should increase with income and home value so that the richest people in the priciest houses get the biggest benefit. 

Ray: You lost me.

Bob: Oh, I wasn't aware you were against home ownership.

Ray: Of course I'm for home ownership! Don't you dare question my fidelity to the importance of home ownership!  It’s just that your plan sounds like it will cost a lot of money.

Bob: The way we keep costs down in my plan is to not give anything to the middle-class folks.

Ray: What?

Bob: Okay, we can give a few middle class folks a token sum, but most of the money would go to the wealthy people in big houses. I’m very insistent on this.

Ray: I don’t follow, but tell me how much you think this'll cost.

Bob: Seventy-five billion dollars next year, and about a trillion dollars over the next decade.

Ray: Gee, that sounds like a lot, Bob. You know, we have a lot of other things we can do with that kind of money. I’m not saying that increasing home ownership isn’t worth doing...

Bob: Oh, my plan won’t help anyone actually buy a home--all it will do is increase property values and help people buy bigger homes than what they've got now.

Ray: Come again?

Bob: Under my plan, people who are on the cusp of being able to afford a home would get nothing. 

Ray: Uh huh.

Bob: The subsidy won’t kick in until we get to the income levels at which people can already afford a home.

Ray: How, precisely, would your homeownership subsidy formula work?

Bob:  A middle-class family in Peoria buying a $200,000 house would get maybe $2,000 a year.

Ray: Okay...

Bob:  Families earning less than that, or buying cheaper houses, wouldn’t get a subsidy at all.

Ray: But…

Bob: And rich people living in a mansion in Greenwich would get $25,000 a year.

Ray: ...

Bob: I know. It’s great, isn’t it?

Ray: ...

Bob: Ray?

Ray: WHY ON EARTH WOULD WE DO SUCH A THING? THIS IS LUNACY!

Bob: This is the mortgage interest deduction in a nutshell.

Ray: ...

Bob: Ray?

Ray: We must protect it at all costs.

END SCENE

Ike Brannon is an economist in Washington DC.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

Begin Trace Mode for Comment # 1.

#1. To: TooConservative (#0)

getting rid of this:Amendment XVI.

    The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.

will resolve the problem!

BobCeleste  posted on  2015-04-30   7:53:57 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 1.

#2. To: BobCeleste (#1)

Repealing an amendment is much bigger than merely changing or abolishing the mortgage deduction.

Tooconservative  posted on  2015-04-30 08:01:48 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 1.

TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com