{"id":976,"date":"2013-05-25T16:11:55","date_gmt":"2013-05-25T21:11:55","guid":{"rendered":"http:\/\/www.orangesand.com\/?p=976"},"modified":"2013-05-25T16:11:55","modified_gmt":"2013-05-25T21:11:55","slug":"not-a-high-wire-act","status":"publish","type":"post","link":"http:\/\/www.thebains.com\/blog\/2013\/05\/25\/not-a-high-wire-act\/","title":{"rendered":"NOT A HIGH-WIRE ACT &#8230;&#8230;.."},"content":{"rendered":"<p>Repealing the mortgage interest deduction would yank the safety net from millions of Americans &#8211; not just the rich.\u00a0 This is one of the high-wire acts to lower the deficit and raise taxes!!\u00a0 The economic benefits of a strong housing market are clear.\u00a0 For over 40 years housing has contributed 17-19% to the national gross domestic product.\u00a0 HOME OWNERSHIP remains the greatest TOOL for WEALTH CREATION FOR FAMILIES.\u00a0 It is the foundation of strong families and healthy communities.\u00a0 Strong correlation among positive community involvement, neighborhood stability, children&#8217;s educational success and even physical and psychological health.\u00a0 The greatest share of mortgage interest deduction lies with the MIDDLE CLASS and not the rich.\u00a0 22% went to households in the $50,000 to $75,000 range.\u00a0 According to Al DelliBovi, president of the Federal Home Loan Bank of NY,\u00a0 we do not need to force such a daredevil act on the American public.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Repealing the mortgage interest deduction would yank the safety net from millions of Americans &#8211; not just the rich.\u00a0 This is one of the high-wire acts to lower the deficit and raise taxes!!\u00a0 The economic benefits of a strong housing market are clear.\u00a0 For over 40 years housing has contributed 17-19% to the national gross [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/976"}],"collection":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/comments?post=976"}],"version-history":[{"count":0,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/976\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/media?parent=976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/categories?post=976"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/tags?post=976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}