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Message: [QUOTE="Orangepace, post: 2411237, member: 322"] Devil's advocate... Lowering taxes for the Upper and Middle classes spurns investment. Investments put more money back into the economy, creating jobs, driving up wages, etc. Sounds very Econ101, but I can say for a fact that I'd be heavily interested in redirecting some of my investment money into more passive investments because of this. The most significant concern I have over the timing of all this though relates to the repeal or downward adjustment to the mortgage interest and real estate tax deductions. We're just starting the climb out of the last housing crisis and these effects very well could toss us right back into another one. Take away the tax benefits of owning a home for many of the middle and lower classes and overnight your house will decrease in value. That decrease in value will throw everyone's LTV off... HARP 2.0? [/QUOTE]