Sunday, December 17, 2017

StarTribune, Taxes, and Fake News

Here's the breathless headline on the front page of the StarTribune:


Republican tax bill could alter landscape for homeowners?  I thought the tax bill was a good thing?  

However, in reading the article, 18 paragraphs into it (!), we find that mortgage interest deduction only goes away for mortgages greater than $750,000.  Which means that it applies to nobody except the very rich, or those that live in markets where real estate is completely out of hand (I'm looking at you, California).

Wonder why people accuse the media of fake news?  Here's your sign. 

1 comment:

  1. Their net "neutrality" coverage has not been much different. The claims of "the end of the internet as we know it" because regulations created in 2015 were reversed. The language is pure propaganda.

    ReplyDelete

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