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Author: MetroChick Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 127684  
Subject: Re: Freddie Mac Bets AGAINST American Homeowners Date: 2/7/2013 1:48 PM
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Last year, as a renter I paid an effective fed tax rate of about 18%. This year as a mortgage holder (I don't want to say "homeowner", since I don't feel I own my home while the mortgage is far greater than my equity) my effective fed tax rate is about 13%.

Since Freddie Mac is taxpayer funded - whose interests should they be looking out for more - renters, who pay higher fed taxes - or mortgage holders/homeowners who fund goverment at a lower rate?
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