Dingell Plans Attack on Homeowners

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Own a big house? Well, watch out because Rep. John Dingell (D-Mich.) wants to bankrupt you.

According to the August 24 Baltimore Sun, Dingell plans to propose a "cutoff of mortgage-interest tax deductions for all houses with more than 3,000 square feet."

The culprit is, of course, global warming.  Dingell heads the House Energy and Commerce Committee and has been looking for ways to appease the Gore wing of the party without hurting the auto manufacturers Dingell represents. "In order to address the issue of climate change, we must address the issue of consumption," he said in the article.

Dingell is also embracing left-wing class warfare attitudes with this new initiative. The Sun story explained he wants to "remove the mortgage interest deduction on McMansions -- homes over 3,000 square feet." He doesn't say where this number came from. Maybe he owns one that is 2,999.

Like most of the left wing's plan to handle the economy, this would hurt everyone, the industry noted.

"The senior economist for the National Association of Realtors, Lawrence Yun, produced preliminary estimates that terminating mortgage interest tax deductions for all single-family dwellings larger than 3,000 square feet would result in a national median house price decline of 4 percent -- on all homes, not just large houses," concluded the Sun.

The association also questioned who would do the measurements. Perhaps a whole new federal agency of Tapes and Measures.

 


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Nice job, Congressman

Nice job, Congressman Dingbat. Staying true to the Democrat mantra of screw the rich.  Wonder what John Edwards thinks of this--his house is 10x over the limit. (Another case of Democratic hypocrisy...do as I say, not as I do).

Carbon Offsets

They just buy into their own companies CARBON OFFSETS and continue rolling....

On behalf of all of Michigan....

...at least the Republican parts, I would like to apologize for Dingell.

Also for Conyers, Stabenow, and Levin.

See, when the auto industry forgot to keep up with the times and lost their collective backsides, we turned to a cottage industry of manufacturing dullards, oafs and stooges.

Ya makes what ya can out of the stuff that ya got...

Who knew these nitwits could actually get elected to something?

Sorry.

 

 

 

We should cut off all

We should cut off all deductions period.

Nuke em til they glow then shoot em in the dark.

Deductions

Why are people happy to carry higher loans in light of a deduction?

JDW

News media: Scoreboard for terrorists

 

Rep. Dingell

I guess Rep. Dingell isn't happy with the battle between the political parties.  He wants to start one between trade unions.  The UAW vs. the constructions trades - that will be interesting to watch the Dems fight over.  Which union is the more environmentally conscience? 

Dingell's threat is the biggest ploy of this election season that we can use as a reason to dump the current tax code to change it to a flat tax or a Fair tax system.

“Government does not solve problems; it subsidizes them.”  Ronald Reagan 

Somethings just are not believable.......

The Baltimore Sun headline hid this "particular" on their front page, with a non-threatening headline. 

I almost choked on my Breakfast Burrito when I read this particular Info.  You'd think that "predicting" the Future would be very very difficult....but everyone has been predicting that raising "Taxes" was the Real background to Global Warming...and now we see the prediction taking shape, and coming true. 

I predict Dingle won't make it thru the NEXT Mich. election.  He's toast.  Come Winter, Global warming in Mich. is a Myth....you might get away with not being noticed in August....but long cold winters will weigh in with the constituents of this particular GW congressman.

And they say Maliki is incompetent ? ?  

IF Dingle left the USA, and went to Iraq, He'd improve the Average IQ numbers in both Countries.  

What good is a Free Press, if it is a False Press ?   David Foote  GoE

Stability

I have not seen anything indicating Maliki does not want to increase democracy.

Dingell, as well as the news media, lives every minute to revoke America's freedom. As customary of his cult, he lacks facts.

JDW

News media: Scoreboard for terrorists

 

I am sure he will be

I am sure he will be re-elected. I dont know what district he is from but it probably isn't a rich middle class suburb. He is just preaching to the leftie choir.

Yet another prominent Dem

Yet another prominent Dem comes out with a blatantly Marxist position, this time one that attacks the foundation of our country: individual independence, along with economic freedom. What will it take for the voters to realize the Dems have gone communist?

Isn't He?

Isn't he the one who got in trouble with his staff, making them babysit without paying them?  Or was that Conyers?

Don't know if this is so bad.

Dingell is an interesting democrat to watch and I actually like the way he's addressing "global warming" legislation. I suspect, and other people do too, that he knows how unpopular and doomed a proposal like this will be. This is also the guy who's proposed a carbon tax that will add $0.50 more to a gallon of gasoline. He seems to be doing everything he can to make sure that the costs of global warming legislation are as obvious and as close to the final consumer as possible. And I can't help but think that he's doing this to make sure it fails.

I believe you are correct

I believe you are correct Dave.

I read somewhere recently that Dingell was intent on proposing legislation like this as a shot across the bow for other Dems and environmental wackos to lay off the auto industry.  He proposes legislation that he knows has no chance of passing to smoke out the nut jobs.  Then again, most Dems are nut jobs. 

Dave - Ncsteven Interesting theory on Dingles approach

I hope his constituents are "in on it" and understand his Sarcasm.

All I know is, you can't "Sell" Global Warming in Michagan for at least 6 months of the year.   It's a no go. 

What good is a Free Press, if it is a False Press ?   David Foote  GoE

I don't think he is that

I don't think he is that subtle. I don't. He is telling it like he sees it.

It's funny how liberals cry

It's funny how liberals cry that everyone should be wealthy and then proceed to enact measures and adapt policies that make it harder to become so.

 

 

Liberals don't want everyone

Liberals don't want everyone to be wealthy, they want NO ONE to be wealthy.....     That's the flaw of Socialism, it doesn't lift all boats, it drags everyone down to the lowest commom denominator with no hopes for ever ascending higher....

The Dingleberry bill

Is that heated square feet? Will Dingleberry introduce a new way to measure a house? Will you be exempted if you plant a tree? If you live in a condo, does the clubhouse count as your usuable sq ft?

It is this kind of mindless attempt at control that may get people interested in the fair tax.

 

 

Roof Tax

Some idiot here locally proposed a 'roof tax' to pay for drainage projects a few years ago. Now, with the hysteria surrounding global warming, I expect to see that one again.

Kucinich/Paul '09

I did a walk thru of a

I did a walk thru of a brand new house under construction 2 weeks ago-it has 6,500 square feet of (yes, heated) living area that requires 5 separate furnaces.

Now multiply that by 6 times, and you'll have John Edwards' house!

"Heated" must be yankee

"Heated" must be yankee talk, in Texas we count the airconditioned part.  For 11 months of the year there is no need to heat a house and then only a few days it gets below freezing or close to it.  Snow, ya mabe 2 times a year and it hardly sticks.

Nuke em til they glow then shoot em in the dark.

Nah!

I'll stick with 'heated sq. ft.'

'Air-conditioned sq ft' doesn't do it for me.

(But yes, I'm formerly from New York.)

I'll predict...

A lot of hidden/underground rooms if this dumb law passes.
JMR

Rally online with fans of Dr. Ron Paul.

Environmental

The underground environmental homes will be interesting. Solar power as well.

JDW

News media: Scoreboard for terrorists

 

Shotgun houses!

Yeah, it's fun to find instances where American architecture was directly influenced by tax legislation. All sorts of possibilities here.

Property

We used to have property rights in this country.  Property rights are synonomous with liberty.  What ever happend?  The country cannot long endure this relentless attack on the liberty of its citizens by the government.

Since government is coercion, politics is largely the exercise of deception regarding the intended use of coercion - George Orwell

BeanMan We lost our

BeanMan

We lost our property rights the day the first property taxes were imposed. They are unconstitutional. How can you own property when the government forces you into a perpetual lease?

You do not own property, you are just a renter of the Government now.

Is this Mexico or the USA

All is revealed

The true socialist agenda is revealed and global warming will be the facilitating catalyst for the social change the lefties yearn for.

I'm going to take the

I'm going to take the Devil's advocat stance on this by saying Senator Dumbell has the right idea of reducing energy consumption for the wrong purpose and means. Most of us here believe AGW to be a hoax and ploy by lib Dems to bring about full blown Socialism to the US. 

Energy consumption is a national security issue not an environmental issue.  It is foolish to place ourselves at the mercy of foreign powers via an embargo as we experienced twice in the 1970s.  I for one insist we should not place ourselves in the position of being blackmailed again given that it was attempted twice on us. Not to mention the balance of payments with the trade deficit, we could use more dollars recycling in our economy instead of foreigners using our dollars to buy up the country. 

I have contended for quite some time that the people who can afford such huge houses like Al Gore, John Edwards, etc. , i.e. the rich 5% who own 70% of the US personal wealth consume half of all our electricity.  As much as the entire electrical output of India!  Now they are entitled to spend their money any way legally they desire on as big a house they can afford.  However, they are not entitled to place the country at the mercy of foreign powers based on their ravenous energy consumption. 

Senator Dingel, if you are really serious about energy consumption deal with the issue directly and not indirectly with mortgage interest deductions.  Slap Al Gore, John Edwards and the rest of the rich who can afford it with an Excess Energy Consumption Tax per property.  Anyone who uses more than 2 or 3 times the average American household should be slapped with a tax equal to the utility charge.  This tax is optional since they have a choice to 1. reduce their electrical consumption. 2. use alternative energy such as solar panels and wind via a net metering solution with the utitlity.  Ordinary Americans, the majority, should not pay for the ravenous appetite of the few.  If Al Gore and John Edwards group would reduce or get off the electric grid, then energy prices would drop for the average American.  Fuel is a limited commodity and as such is subject to the laws of supply and demand, the market will sort out the rest.

The object of life is not to be on the side of the majority but to escape finding oneself in the ranks of the insane. Marcus Aurelius

dscott With all do

dscott

With all do respect, are you one of the new energy Nazi's?

What happened to building power plants to provide cheap affordable energy?

What you are proposing is happening here in California with tiered energy usage with a state mandated usage level with progressive tiers that penalize your use. Usage base maximums do not take into account the size of dwelling just some pencil necks opinion of energy hogs.

That my friend is Marxism.

Thanks, but no thanks.

We have more than enough energy up in Alaska and elsewhere domestically that has been declared off limits by congress and I am sick and tired of people trying to control our lives.

What is next, quotas on toilet paper usage with a CTV camera monitoring my use?

Is this Mexico or the USA

Not at all, I am on record

Not at all, I am on record here promoting nuclear power and the electric car.  However, you can't do all this at once, so why not make the rich libs put up or shut up?  If they believe in AGW, then we are giving them incentive to get off the electric grid, if they are just mouthing their typical hypocritical tripe then we'll give them the financial incentive to do the right thing.  The bonus for the rest of us is cheaper electric rates and cheaper solar panels that will come from all the investment the rich libs will be forced to make, not to mention all the employment this will generate.  All in all, that's a win/win situation for us.  This is a national security issue and hence we as a society need to act.

Energy Nazi, hmmmm, eins, zwei, drei, vier, wir marschieren mit unseren Maschinengewehr  <sarcasm> catchy tune.

The object of life is not to be on the side of the majority but to escape finding oneself in the ranks of the insane. Marcus Aurelius

this is the same argument

this is the same argument with taxing smokers, taxing the obese, etc. I do agree that energy is a security issue not an environmental one...however conservation ( though important ) is not the end all. There is plenty of energy for us to harvest and distribute at low costs...this is the American way...find a way to get what you want at a cheap price.

Build more refineries, start using coal, start building nuclear plants, start building more dams, start looking into ways we can harvest the sun's energy that is more affordable, start looking at how we can use the energy from the ocean flow....etc. Although the worse thing to do second to taxing energy usuage....convert Food into fuel. We need to stop using corn to fuel our cars, its just dumb.

Hate These Subject Lines

Actually, this proposal won't hurt the really rich homeowners like Dingell. They don't have mortgages; their houses are paid off. They paid cash. It will hurt the vast number of Americans who are already over-extended on their mortgages because they bought the largest house they could possibly get from rapacious mortgage companies. You know, the ones that Hillary now wants to bail out.

In my part of the country, home construction has been booming for decades and most of the new housing is of the 3000+ sq. ft. variety. I'm continually amazed at how there can be so many people around who can afford such houses. I think the real explanation is that there aren't. They don't have the money; they have these crushingly large mortgages on which they will default the first time they hit rough times.

ent

Cogent post of the day.

Exactly.

We're conditioned to get the biggest and the best.  Overreaching is the American way.

Why do I need a 3K sf home?  I don't.  But many think they must have that.

It's really rather sad. 

David Gregory, do you know which damn network you lie for? ~ Uncle Jimbo, @Blackfive

 

Large Houses

Blonde and ent:

I agree.  But why do the AGW proponents, Al Gore, etc. have more house than they need?  To me this is the hypocrytical living they do.  Do they do that much entertaining that they need 20,000 square feet to live in every day?  If they have 3 homes they can't be in all of them at once.  Talk about reducing our foot print.  They are ripe for it.  I live in 1000 square feet and they are worried that I may aspire to more than 3000?  Dopes.

“Government does not solve problems; it subsidizes them.”  Ronald Reagan 

Dingleberry, surely John

Dingleberry, surely John Edwards nor Al Gore will go for this one.