Republican Tax Plan Is Like a Double Reverse Mortgage

[MineralMan]

Here's how a Double Reverse Mortgage Works:

1. An appraiser calculates the value of your home.
2. Considering your existing mortgage, the cash equity value of your home is determined.
3. The lender (government) forces you to sign a new mortgage in the amount of that cash equity value.
4. The lender (government) takes the equity value money at the closing.
5. You make monthly payments on this new mortgage, based on a 30-year amortization schedule, as well as your pre-existing loan.


Isn't that cool?

[cpamomfromtexas]

1. You are correct, Sir!

We can only hope democrats get it together and keep it from lasting more than a couple of years.

The next Job of new Congress will be to reverse everything this cabal has done.

[MineralMan]

2. Yup. We Must Defeat this Republican Cabal!