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kcbigring | 4 years ago

read the propublica article - it explains. or be lazy. loans ;) in particular low interest loans. as high interest loans would sort of ruin the plot and those are reserved for the working class.

discuss

order

wmf|4 years ago

Interest rates aren't magic; secured loans have lower rates than unsecured.

cycrutchfield|4 years ago

Your mortgage is a low interest loan. Should we tax your mortgage as income?

lupire|4 years ago

Yes, but deduct the house that the loan buys as an expense.

triceratops|4 years ago

The house the mortgage paid for is taxed.