HousingPANIC Stupid Question of the Day

Are you in favor of the Fair Tax?

(do not answer this question until you at least read up on it in this brief)

Here's the GOP debate on the "Fair Tax" and getting rid of the IRS. One day this will happen. The only question is when.

I believe the Great Housing Crash will make people think twice about the mortgage interest deduction, the great sacred cow. Our tax system is broken, unfair and inefficient, and now even mainstream candidates for President are talking about "crazy" ideas like a flat tax or fair tax.

It's about damn time.

I don't have much confidence our incompetent and corrupt leaders will do anything radical, but with the US $50 Trillion in debt, only radical changes are going to get us out of this mess.

Enjoy the video, and it'll be interesting to hear your thoughts on our tax system and that damn REIC-lobby-wet-kiss mortgage interest deduction