jealous collectivist cunt
here:
Taxpayers Footing Bill for Tiger’s New Mansion?
Published: Thursday, 2 Sep 2010 | 1:00 PM ET
By: Diana Olick
CNBC Real Estate Reporter
[…]
“Why take out a mortgage? That’s the easy part,” says [Bankrate.com's Greg] McBride. “A rate of even 5.5 percent would only cost 3.3 percent on an after tax basis (assuming the top federal tax bracket of 39.6 percent that will take effect in 2011 if the Bush tax cuts are not extended.). Factor in an inflation rate that over time averages 3%, and on an after-tax, after-inflation basis Tiger is borrowing the money for free (as are many other borrowers taking out loans in today’s marketplace).”And there you have it.
Not only is the Federal Government paying much of America to stay in their homes and paying the banks to keep them there, we taxpayers are also footing the bill for Tiger Woods’ new mansion.
You’re welcome, Tiger.
mind blowing, the snotty indignation of foolish peasants. note that this type of filth is the highest brand of “protest against government” the born slave can muster. it always equates to “my problem with the state is that its worthlessness isn’t yet all-encompassing.”