While I think it should have been phased out, I think it should have been phased out slowly, so that it wouldn't make that kind of sudden impact on someone who had made plans. Life plans.
From the borrower standpoint yes, but what I'm saying is if the program had been phased out, houses would necessarily be priced lower. And of course renters would not be unfairly penalized in the tax code.
It might have been the library of congress's job to do much of what the internet archive did. As with many others, they slept.
I guess it would be shorter to say that debt is bad, and that debt should not be tax deductible. Thus encouraged.
I think there are some perverse incentives here. If you eliminate tax on overtime you encourage employers to reduce regular pay, and just say "hey, you only have to work overtime." Similarly if you don't tax tips, you encourage employers to reduce regular pay and say "hey, you've got your tips!"
It's interesting to look back. I believe all interest was deductible before a major revision in the tax code. They wanted to get rid of it all, but they kept just the house In my humble a pigeon they should have put a 30-year sliding reduction on the mortgage interest deduction Houses w/b cheaper
I know the initial reaction of many will be to oppose this. After all, why should Google ask for public money .. but I'm not sure that is the right framing. It could be that there should have been much more public funding for public efforts on the internet.
As someone who used to work developing clinically certified equipment, I know this is no small bar to pass. It seems a significant advancement in wearables.
Aktiia trained AI on 11 billion data points of blood pressure, and now a clinically certified app is coming
As well as being a major cause of premature death worldwide, hypertension, also known as high blood pressure, is a major risk factor for stroke, coronary artery disease, heart failure, and a contributing factor to dementia. It also affects an estimated…
On Threads, no politics. On Bluesky, three people in a row posting the *same* breaking story at me. On Mastodon, someone will probably get around to it in an hour or two. Choose your pace.
At one point National Geographic did some really interesting things on the new population genetics. It pointedly did not dovetail with many people's "long-held fascinations." I've sometimes wondered if Nat Geo had to pull back a bit on that, because the national education system was not quite ready