I can’t recall how this website became known to me, as it was bookmarked and then forgotten. Angry Renter is a website petition. The website’s platform is based on a silent minority, America’s renters. Many people rent. I did , still do, and will likely continue to do so for a few more years. They present an argument that I half agree with, and half don’t. So should I sign the petition?
Angry Renter argues that its not fair for the government to help bail out those affected by the credit crunch. Can’t argue with that, Capitol Hill won’t help anything. Some new regulation of that industry might be prudent but its not their job to bail out the American Half-wit.
They continue their argument on the supposition that its discriminatory for homeowners to get tax deductions on their mortgage and not renters. This is where Angry Renter and I differ. We encourage the tax-payers to buy property because that ownership is a source of revenue to the government (property tax). To make the deal appear sweeter the interest on your mortgage is tax deductible. Angry Renter does not acknowledge this fact and wants a tax deduction for rent. Renters don’t pay taxes on the lease, there’s your break.
To each his own though. If you disagree with me, you might agree with Angry Renter. Go check out the petition and sign it if you agree with their cause. We don’t always have to agree, but I always love to see Americans do what they do best: Question the government. I love this country.
 By The Weakonomist |
The Weakonomist is the founder of Weakonomics. Clicking the picture of the puppy will tell you more about him. If you like what you're reading consider subscribing to the blog, following him on Twitter, and checking out the related posts below. Please consider a donation if you really enjoy Weakonomics. |
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