Comments on: National Association of Realtors: biggest lobbying group in all of DC http://ryanunderdown.com/real-estate/hud-slanders-mortgage-brokers.php SEO, Scripting and Marketing Tue, 08 May 2012 02:31:56 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Ryanhttp://ryanunderdown.com/real-estate/hud-slanders-mortgage-brokers.php/comment-page-1#comment-63127 Ryan Fri, 18 Jan 2008 00:14:58 +0000 http://ryanunderdown.com/2006/08/15/hud-slanders-mortgage-brokers/#comment-63127 I would typically say that any tax break is a good one. However, subsidizing the real estate industry with tax breaks is a horrible idea. Why don't we make cars tax deductible to aid our flagging automotive industry? Tax cuts should allow people the decision of how when and where to spend their money. Assigning tax breaks based on spending decisions goes against the nature of a free market. Your proposal sounds like corporate welfare to me. I would typically say that any tax break is a good one. However, subsidizing the real estate industry with tax breaks is a horrible idea. Why don’t we make cars tax deductible to aid our flagging automotive industry? Tax cuts should allow people the decision of how when and where to spend their money. Assigning tax breaks based on spending decisions goes against the nature of a free market. Your proposal sounds like corporate welfare to me.

]]> By: Jerry Peytonhttp://ryanunderdown.com/real-estate/hud-slanders-mortgage-brokers.php/comment-page-1#comment-62919 Jerry Peyton Sun, 09 Dec 2007 20:50:14 +0000 http://ryanunderdown.com/2006/08/15/hud-slanders-mortgage-brokers/#comment-62919 The fee charged by Realtors has a really negative impact on the sale of real estate. People do not like to use Realtors! People who are retiring and down sizing really need this money.Proposal: Change the tax law to allow the real estate commission paid to a licensed real estate professional on the sale of a primary residence to be a tax deduction.Reason: Change may have a positive impact on home building and all associated businesses.Please do not put this on a back burner! I need your help to speed this along.Based on what I think I heard, there are two legislative issues related to housing. One is the reform of FHA. But I get the impression there is a second initiative to develop a comprehensive list of legislative changes that could stimulate the housing business. This second idea is being pushed by the Secretary of the Treasure Paulson.I have talked to the local President of the Association of Realtors, and he has explained the process that a proposal like this has to go through. The committee that evaluates these ideas does not meet until next month, so no action can take place before early 2008.Having worked for Jack Welch for 30 years, this is not the way I was taught to get things done. If this is a good idea and possibly should be included in the list Secretary Paulson is asking for to fast track thought Congress, then there must be a way to fast track an idea!If you agree that this is a good idea can you help implement by getting it included in the proposed legislation?Jerry Peyton(423) 893-4853 The fee charged by Realtors has a really negative impact on the sale of real estate. People do not like to use Realtors! People who are retiring and down sizing really need this money.

Proposal: Change the tax law to allow the real estate commission paid to a licensed real estate professional on the sale of a primary residence to be a tax deduction.

Reason: Change may have a positive impact on home building and all associated businesses.

Please do not put this on a back burner! I need your help to speed this along.

Based on what I think I heard, there are two legislative issues related to housing. One is the reform of FHA. But I get the impression there is a second initiative to develop a comprehensive list of legislative changes that could stimulate the housing business. This second idea is being pushed by the Secretary of the Treasure Paulson.

I have talked to the local President of the Association of Realtors, and he has explained the process that a proposal like this has to go through. The committee that evaluates these ideas does not meet until next month, so no action can take place before early 2008.

Having worked for Jack Welch for 30 years, this is not the way I was taught to get things done. If this is a good idea and possibly should be included in the list Secretary Paulson is asking for to fast track thought Congress, then there must be a way to fast track an idea!

If you agree that this is a good idea can you help implement by getting it included in the proposed legislation?

Jerry Peyton

(423) 893-4853

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