From the Realtors:
Could Capital Gains Tax Cuts Lower Home Prices? 2 Proposals Are on the Table
There are two proposals driving the capital gains debate in Washington right now.
The first is a bill from Rep. Marjorie Taylor Greene (R-Georgia) that would eliminate capital gains taxes entirely on primary-residence sales.
“I just think this is a great gift for the American people, and it’s very core to what we were founded on,” Greene told Realtor.com® in an exclusive interview in July.
While President Donald Trump voiced his support for the measure, the proposal’s future has become unclear after the congresswoman announced that she’ll be departing Congress at the end of the year. That has put the more targeted More Homes on the Market Act, from Rep. Jimmy Panetta (D-California) back at center stage.
Panetta’s bill would raise the federal capital gains exclusion on primary-home sales and then index it to inflation, so the threshold moves with the housing market instead of staying frozen for decades.
It’s an elegant solution for a threshold that has been frozen in place since 1997, when the median home price was $145,000, and Netscape was America’s preferred web browser.
While Greene’s approach is more blunt, Panetta’s would still have a significant effect, roughly doubling the current exemption to $500,000 for individuals and $1 million for couples, restoring the law’s original intent to protect everyday homeowners, not penalize them.
…
For those skeptical that a simple tax reform could lead to more homes on the market and lower home prices, it helps to look at the last time the capital gains tax was reformed.
The 1997 Taxpayer Relief Act replaced a one-time capital gains exclusion for homeowners over age 55 with the current thresholds.
The shift wasn’t radical, but it did yield results: Researchers found that lowering the tax friction encouraged more people to sell, especially those near the new exemption threshold.
Around the same time, the repeal of the age-based exclusion also spurred mobility. Households in their early 50s, many of them empty nesters or downsizing after a divorce, became significantly more likely to move, according to another analysis. In targeted groups, mobility rose between 22% and 31%.
The people who moved weren’t random, either. They were often in high-appreciation markets, facing a higher expected tax bill if they stayed put, and primed to trade down.
In other words, they looked a lot like today’s long-tenured owners in overheated metros, people sitting on large gains and grappling with whether now is the right time to sell.
First
Another 24 hrs, Ukraine war continues.
No Epstein files
Financial Armada to show strength against peanut sized country.
Like beating up on your little brother’s friends. Rome is burning.
Trump orders blockade of all oil tankers bound for Venezuela while threatening Maduro with the ‘largest armada ever’
I’ll see your 3 casinos and raise 1 more.
https://www.northjersey.com/story/news/business/2025/12/17/nyc-casino-nj-meadowlands/87793611007/?gnt-cfr=1&gca-cat=p&gca-uir=true&gca-epti=z116501p116450c116450d00—-v116501d–30–&gca-ft=167&gca-ds=sophi
Sorry AC.
We are in a recession and stealing Venezuela’s oil reserves is the only solution they offer
Dark Phoenix says:
December 17, 2025 at 5:45 am
Another 24 hrs, Ukraine war continues.
No Epstein files
Financial Armada to show strength against peanut sized country.
Like beating up on your little brother’s friends. Rome is burning.
Trump orders blockade of all oil tankers bound for Venezuela while threatening Maduro with the ‘largest armada ever’
Researchers found that lowering the tax friction encouraged more people to sell, especially those near the new exemption threshold.
Around the same time, the repeal of the age-based exclusion also spurred mobility. Households in their early 50s, many of them empty nesters or downsizing after a divorce, became significantly more likely to move…
Great! I can raise my asking price even higher!
Though, if you want me to move sooner, offer me a price that will make me fall off the chair. I mean, there’s no need to make potential buyers suffer any longer, I’m going to get my price along with my golden parachute of s0cial security and Medicare.
Look at it this way; the young muppet cluckers will get more Chex mix if you cough up the dough now.
We are in a recession and stealing Venezuela’s oil reserves is the only solution they offer
VAG, you okay? You want a biscuit or something to get you through?
Gasoline prices hit a new four-year low ahead of the Christmas travel week.
“Just ahead of Christmas, the national average stands at its lowest level since March 12, 2021, delivering weekly savings of nearly $400 million compared to this time last year,” GasBuddy’s Patrick De Haan said on Monday.
GasBuddy data shows some stations in Texas, Colorado, and Oklahoma offering prices at $1.99 per gallon, a trend that could spread.
Any questions?
Silver @ $66.00 per ounce.
Fuck me.
JUST ANNOUNCED:
Mike Johnson and the Republicans will not even hold a vote on extending ACA subsidies, guaranteeing 20M+ Americans’ healthcare costs will skyrocket starting in January – all because they hate President Obama.
Boomer has nothing to say ^^^^^^^^
all because they hate President Obama.
No, your side does hate. What irks the common sense crowd is those who believe that Obammy (a) had anything substantial to say and (b) was instrumental in anything that moved the nation in a positive direction. Vibes and chills down the leg don’t jive with the production-level people. You muppets view symbolic gestures as achievement. Dreams are not action, they’re fantasies for those with no desire or ability to follow-through.
Here is an interesting article on the European Commission implementing an affordable housing plan for the entire European Union. The bureaucrats in Brussels always know everything better naturally, and know how to spend others people‘s money better than they do. What is the root cause of the housing shortage? Maybe it has to do with millions of illegals flooding the EU with a high percentage of them still not working and collecting government benefits. I picture more EU regulations having some negative unintended consequnces.
https://www.politico.eu/article/eu-housing-crisis-rein-in-short-term-rentals-commission-afforable-housing-plan/
Italics off
Maybe it has to do with millions of illegals flooding the EU with a high percentage of them still not working and collecting government benefits.
Or all of the Ukrainians too chicken to fight and fleeing to other countries, like Germany, to hide out the war that the handlers and Ukranian leaders started with their constant meddling.
Germany is in real trouble now. Aging population, no one wants their crappy azz cars (Europeans are buying cheaper Chinese cars) with the exception of the few weirdos who think an expensive car makes them a superior being. (instead it makes them a target for thieves haha)
Nice high fuel prices thanks to their “handled” politicians and American friends, increasing healthcare costs, and increased war spending is going to eat at that boomer nest breast they are hoping to feed off of. It’s gonna be gone. The handlers have got there first, and their mouths are fully seated on the nipple. The German plebs, along with their fellow European ones, are in for a world of hurt.
Okay children
Repeat after me.
These are the cause of every problem. Illegals. Russia. China.
Say it again: Illegals, Russia, China.
I cant hear yoooou. Say it louder
Illegals, Russia, China.
Ok Fall out.
Left, left, left right left.
“…common sense crowd…”
More here: https://www.reddit.com/r/ProgressiveHQ/s/BmOWx3CFW9
Eddie’s golden parachute:
https://www.youtube.com/watch?v=xhKjVkqBBw4
He was just a rookie trooper and he surely shook with fright
He checked all his equipment and made sure his pack was tight
He had to sit and listen to those awful engines roar
“You ain’t gonna jump no more!”
Gory, gory, what a hell of a way to die
Gory, gory, what a hell of a way to die
Gory, gory, what a hell of a way to die
He ain’t gonna jump no more
“Is everybody happy?” cried the Sergeant looking up
Our Hero feebly answered “Yes, ” and then they stood him up
He jumped into the icy blast, his static line unhooked
And he ain’t gonna jump no more
Glory, glory, what a hell of a way to die
Glory, glory, what a hell of a way to die
Glory, glory, what a hell of a way to die
He ain’t gonna jump no more
He counted long, he counted loud, he waited for the shock
He felt the wind, he felt the cold, he felt the awful drop
The silk from his reserves spilled out, and wrapped around his legs
And he ain’t gonna jump no more
Glory, glory, what a hell of a way to die
Glory, glory, what a hell of a way to die
Glory, glory, what a hell of a way to die
He ain’t gonna jump no more
The risers swung around his neck, connectors cracked his dome
Suspension lines were tied in knots around his skinny bones
The canopy became his shroud, he hurtled to the ground
And he ain’t gonna jump no more
Glory, glory, what a hell of a way to die
Glory, glory, what a hell of a way to die
Glory, glory, what a hell of a way to die
He ain’t gonna jump no more
The days he’d lived and loved and laughed kept running through his mind
He thought about the girl back home, the one he’d left behind
He thought about the medic corps, and wondered what they’d find
And he ain’t gonna jump no more
Glory, glory, what a hell of a way to die
Glory, glory, what a hell of a way to die
Glory, glory, what a hell of a way to die
He ain’t gonna jump no more
The ambulance was on the spot, the jeeps were running wild
The medics jumped and screamed with glee, they rolled their sleeves and smiled
For it had been a week or more since last a ‘Chute had failed
And he ain’t gonna jump no more
Glory, glory, what a hell of a way to die
Glory, glory, what a hell of a way to die
Glory, glory, what a hell of a way to die
He ain’t gonna jump no more
He hit the ground, the sound was “SPLAT”, his blood went spurting high
His comrades, they were heard to say “A hell of a way to die!”
He lay there, rolling ’round in the welter of his gore
And he ain’t gonna jump no more
Glory, glory, what a hell of a way to die
Glory, glory, what a hell of a way to die
Glory, glory, what a hell of a way to die
He ain’t gonna jump no more
There was blood upon the risers, there were brains upon the chute
Intestines were a-dangling from his paratroopers suit
He was a mess, they picked him up, and poured him from his boots
And he ain’t gonna jump no more
Gory, gory, what a hell of a way to die
Gory, gory, what a hell of a way to die
Gory, gory, what a hell of a way to die
He ain’t gonna jump no more
Sometimes the parachute you think will save you
Won’t.
It will not be long before many parachutes Americans have will have failed, and there will be “Blood on the Risers, and Brains upon the Chute”
VAG: You need to stop with the leftist rhetoric. There is a glut of oil on the market right now, and more to come. Trump is doing what he is doing with Venezuela for a number of reasons, but grabbing the oil reserves is not one of them.
VAG: Boomer has nothing to say, what does that mean? I agree with you Boomer as a generalization is a selfish bunch, self absorbed too. But you are obsessed with Boomers.
A few days ago you were blaming Boomer for AI, well now that’s not true. You need to stop hyperventilating over Boomer.
Some One: No drinking just facts.
3b says:
December 17, 2025 at 8:43 am
VAG: You need to stop with the leftist rhetoric. There is a glut of oil on the market right now, and more to come. Trump is doing what he is doing with Venezuela for a number of reasons, but grabbing the oil reserves is not one of them.
It’s just icing on the cake. Really thick icing, requiring naptha to pump it, but there is a lot of icing there.
It’s also about harassing China. And Cuba. But mostly China.
It’s how America controls with it’s handlers. Through the Swift banking system, sanctions, tariffs, threatening it’s friends as well to get them to comply. Don’t listen, you get locked out. Every penny tracked (nope, those are gone).
American handlers don’t like when they cannot control this way, which these “shadow” fleets and BRICS bypass. So they are all making money or operating out of the reach of the handlers who control SWIFT.
Well, gotta put a stop to that. Have to choke off trade you cannot control with your computer banking choke points. How dare you not pay your vig to the American cartel.
Tesla approaching $500 per share.
Tampon Tim was touting his app that was open all day to watch TSLA shares sink. Has anyone asked him if he’s still watching?
Keep choking others until they attack you. History repeats itself, it’s coming, and it’s games like this that start out “economic” and end up with bombs in your face.
It’t aint 1941 now, and many countries have the capability to hit the continental USA with ease. No golden, silver, or titanium dome can stop that shit. Be careful what you ask for, or who you bully.
The U.S. embargo on Japan before World War II was a series of economic sanctions, primarily an oil embargo and freezing of assets in July 1941, imposed in response to Japan’s aggressive expansion into China and French Indochina. This crippling embargo cut off Japan’s crucial access to U.S. oil and resources, forcing Japan to choose between military conquest of resource-rich Southeast Asia or submission to U.S. demands, ultimately leading Japan to attack Pearl Harbor to secure resources and neutralize the U.S. fleet, initiating the Pacific War.
Gallery of shitbags:
https://www.threads.com/@keeeeeyyyyyssss/post/DSUhhdIgBrR?xmt=AQF0FgR-9MxIgMTXrSl9ADLWSXCykZi704LQEaK4feD3sAcvxWkVOMcn-0RYe0Ji4eHOXume&slof=1
Trumps popularity is in the toilet as it should be for destroying an economy that didn’t need fixing. Wag the dog time!
Oil’s cheap because the economy is in the shitter.
Should we discuss how most economies around the world are performing significantly better than ours for the first time since? That hasn’t happened since 2009. Another brilliant Trump accomplishment.
Lib: Just to avoid the rhetoric and there is enough of that from both sides. Oil is in decline, because of a gluten and slowing world wide demand. As for other economies doing better than us, that is not the case. France, Germany, and Italy are all struggling, and so is the UK. Consumer demand in the EU as a whole is weak.
The UK is close to being in a recession.Canada’s economy is also struggling, with a weak job market. The tariffs have not helped, but Canada was in trouble before that, with weak job market and high consumer debt loads. Blame Trump for a lot of things, and there is much to blame him for, but you can’t blame him for everything.
This board is a sh!tshow today.
Maybe he’s not the cause 3B, but he’s in an office when it’s happening.
Lib: No arguing that. But, no matter what happens the closer we can all stay to the truth, the better we are, regardless of politics or whether it hurts one party or the other.
Is this retaliation for the “Narnia” attack, or is it completing it?
Brookline police responded to a report of a man shot at a home on Gibbs Street in the upscale Boston suburb around 8:30 p.m. on Monday, Dec. 15, according to the Norfolk County District Attorney’s Office.
The victim was identified as Nuno F.G. Loureiro, 47. He was taken to a local hospital, where he was pronounced dead on Tuesday morning, the DA said. Police are investigating the death as a homicide, but no arrests have been made as of Tuesday afternoon.
The university confirmed his death in a news release.
“Sadly, I can confirm that Professor Nuno Loureiro, who died early this morning, was a current MIT faculty member in the departments of Nuclear Science & Engineering and Physics, as well as the Director of MIT’s Plasma Science and Fusion Center. Our deepest sympathies are with his family, students, colleagues, and all those who are grieving,” an MIT spokesperson wrote.
3b
The truth is gone. It has no value in America. You wanna win you need to be the biggest sneak, the biggest liar, the most deceitful. Lie, cheat, steal, kill, it’s all good. Even the church is a putrid stench now, run by heathens and filled with quite a few.
Billy Joel was right in his lyrics years ago:
Honesty is such a lonely word
Everyone is so untrue
Honesty is hardly ever heard
And mostly what I need from you
3b says:
December 17, 2025 at 11:59 am
Lib: No arguing that. But, no matter what happens the closer we can all stay to the truth, the better we are,
Sad Trombone sounds for Paramount.
“Affinity Partners has dropped out of backing the hostile takeover bid by Paramount Skydance for Warner Bros. Discovery. Affinity is led by Jared Kushner, a former White House advisor and the son-in-law of President Donald Trump.”
Jared was able to help get aggregate $24 billion commitment from three sovereign wealth funds from” the Gulf states of Saudi Arabia, Qatar, and Abu Dhabi. I gather they will be dropping out too.
This week on Paramount/Discovery: Halal in the Family, followed by, Breaking Fast. Next week, don’t miss the debut of two new series, CSI, Stoning Force and Mecca Me Happy. Finally, Everybody Loves Ramadan premiers on Sunday night. Later, Close your shades, turn off the lights, then remove your burkas and hijabs and relax for the season finales of Big Bong Theory and The Kasbah Show.
That’s five down market days in a row. Clearly we need more rate cutting. Maybe, NOW is the right time to buy Crypto Papa Smurf? Papa Smurf? Someone took you out too?
Good. This Airbnb crap should be shut down.
The saga began in late February, when Shadija Romero signed a 32-day Airbnb rental contract for the rowhouse Douglas, 49, has owned in Northeast Washington since 2019.
Romero, Douglas said, asked for the long-term rental because she had been forced out of her previous apartment by a fire and the repairs would take a little more than a month. Douglas, a realtor and entrepreneur in Maryland, said she felt sympathy for her and was happy to do so.
Romero paid the $100-per-night fee through Airbnb and moved in for the temporary stay.
Temporary turned out to be much longer than Douglas expected. Or wanted.
After the first month, Douglas said Romero, who has a website that sells clothing and perfume, told her the repairs were taking longer and asked to stay another month. This time, instead of paying through Airbnb, she began paying Douglas directly.
What Romero hadn’t told Douglas was that she was in the process of being evicted from her prior apartment for not paying rent. Romero owed nearly $50,000 in back rent for an apartment in the District in 2024, according to court records.
After receiving the September payment in installments, Douglas said she again issued vacate notices to Romero and told her if she wasn’t out by Oct. 15, she would have the power turned off.
“I don’t even want your money,” Douglas said she told Romero. “We don’t have an agreement.”
On the 15th, when she still had not heard back from Romero, Douglas had the power turned off. But when she went to check on the house, the power was back on.
Romero, Douglas said, had transferred the Pepco account into her name and had the electricity restored. Douglas said Romero told her she couldn’t turn off the power because she was a tenant and had tenant rights.
Lib: Fed member Bosic says no rate cut in 2026 because of inflation from Rep govt spending bill. I say he is wrong. We may avoid recession, but I don’t see strong economy.
Most of the Country is already in Recession
Ex says:
December 17, 2025 at 3:47 pm
Most of the Country is already in Recession
Yeah.
I had to downgrade from Grey Poupon to Bowl and Basket.
But of course.
Hah.
So if someone kills your child, and they are not a Police Dog, no death penalty??
Hochman ousted progressive DA George Gascón in November 2024 after residents rejected the state’s liberal reforms to the criminal justice system and soft-on-crime policies and made good on his campaign promise to bring back the death penalty.
Under California law, the death penalty can only be sought if someone is charged with murder with special circumstances, which can include killings where there are multiple victims or if the victim is a law enforcement officer.
Eddie, for your safety, check your Golden Parachute. Moses appears to have a problem with his.
United Health. Making America Great Again:
Moses Goldstein wears a pacemaker and has been seeing the same cardiologist in Hudson County for five years.
But during his visit this week, he was told he can’t see her any longer since her medical group, Optum, is going out of network with a slew of insurance companies in New Jersey next month.
“I asked what to do now, and nobody can tell me 100 percent…if I had to pay a larger copay, okay, I have to swallow it. But to stop taking my insurance at all?”
Optum — a UnitedHealth company — said that next month, their remaining offices will go out of network with certain Medicaid, Medicare, and other plans in January of 2026.
Eddie, for your safety, check your Golden Parachute.
Obammy care will take care of me, no?
6:00 thanks to Democrats
Eddie, I hope you get what you are promised. I just don’t believe your friend Trump nor your enemy Obama are or were going to help you.
Dark: Might I suggest Burmans Mustard available in your local Aldi. $1.09 for a large bottle. Better and cheaper than Bowl/Basket.
Colman’s mustard (uk) FTW
Tolls on the NJ Turnpike and Garden State Pkwy increase by 3 percent on Jan 1.
This is becoming a pattern:
Near Miss: Jfk-bound JetBlue Flight Aborts Climb To Avoid Air Force Tanker, Reports Say
A New York-bound JetBlue jet reportedly came within miles of a US Air Force refueling tanker that was not squawking on radar, triggering a tense radio exchange and a likely federal probe.
“Trump is doing what he is doing with Venezuela for a number of reasons, but grabbing the oil reserves is not one of them.“
What a sap.
I’m still trying to figure out how the average family is saving 5 to 10k a year annually on energy costs when the average family spends $7,500 in total? More Trump lies. What’s new?
Lib
I get checks from the electric and gas companies every month. I don’t pay them, they pay me. Don’t you?
Dystopian world.