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I think the point is that even if you eliminate the MID the net result will be a wash. Meaning that without the deduction people cannot afford as much when they are looking to buy a house ... thus home prices automatically adjust downward and therefore you end up (after everything settles...

You made the statement "You need to remember that most American home owners who are employees use their tax return to pay their property taxes at the end of the year. " and now you are backing that up using anecdotal evidence from where *you* live? Most people don't live where you live.

Most lenders require escrow unless you have a lot of equity, it isn't something that the borrower can just unilaterally decide. Your statement contradicts itself, you say that these people are bad with money and yet somehow manage to hang on to their tax refund that they receive in...

Most homeowners with mortgages have escrow accounts that pay property taxes, so they don't pay it lump sum. Considering when you receive your income tax refund and when property taxes are due I find your claim to be highly unbelievable. Do you have any facts to back up your assertion that...

This is a false statement unless you use some non-standard definition of wealthy. More than half of the people with AGI between $50k and $75k itemize and three quarters of the people with AGI between $75k and $100k itemize. I would not consider those income ranges "wealthy" by any means.

Forgot the tax card, too easy to cheat - here's what is required: retina scan at the point of sale, gov't has everyone in the database so the correct tax rate is applied. You can opt out if you want (being in the database or providing the retina scan to purchase something) - in which case...

:confused:

EliteTrader? :confused:

Halted since 8:07am ?

Received this email from TDAmeritrade today: "We want to assure you that as a valued TD Ameritrade client, you will continue to have access to QuoteTracker and to all of its functionality: streaming real-time quotes, live real-time intraday charts, dynamic historical charts, more than 120...

http://www.bloomberg.com/news/2012-08-02/knight-bruised-as-analyst-estimates-170-million-loss.html Knight Bruised as Analyst Estimates $170 Million Loss "The errors were caused by a malfunction in a trading algorithm, according to a person at Knight who asked to remain anonymous because...

Related to trading how?

There is at least one part of this that is easy to resolve: Atticus says this guy Hosea is some broke dude living in California. If I read correctly T6A claims to be living in Australia. I can think of plenty of ways that T6A could prove his claim, print a copy of this post, hold it up...

You are not special no matter what your mother told you. You need to get over yourself.

Marching band championship? Nuclear Aptitude Proficiency Test? Do you realize how lame you come across? Its clear you have massive insecurity problem. Here's a clue: really successful people don't going around trying to convince others how smart and successful they are. Wait until...

There is also the favorable tax treatment of futures over stocks (and easier tax filing for futures, e.g. no trade itemization required)

Sorry Bo, too slow: [/B] Beau's Case is 1:12-cv-05624 if anyone is interested in reading the complaint. Pretty boring stuff.

http://www.bloomberg.com/news/2012-07-20/hourly-price-swings-whipsaw-investors-in-ibm-coke-mcdonald-s.html

If it had turned out there was bad news about the company and the order was not a fat-finger then the MM would have been sitting on 4600 shares as the stock continued to drop. They didn't know in advance that a buy order for the same number of shares would be coming in a few minutes...