What happens to the lake if Romney wins?

[secondcurve]

Originally Posted by Bear Island South

I guess the new question is; "what happens to the lake now that Romney lost"
Is it business as usual?
I am sure gas prices will still be in the $4 dollar range come next summer.

Rising income tax rates and the possible exemption of the second home mortgage interest deduction could also have a chilling impact on the vacation home marketplace in the lakes region. Someone will need to pay for all of the federal spending at some point.

[ApS]

Originally Posted by Bear Island South

I guess the new question is; "what happens to the lake now that Romney lost"
Is it business as usual?

Wolfeboro has "dodged that bullet". (shrug). However, in today's terror-environment, Romney's Secret Service protection should continue for four years—it's not getting easier to find candidates for President.

It's been twenty years since repeal, but our newest voters have few memories of what the "Luxury Tax" did to the boating industry.

Originally Posted by secondcurve

Rising income tax rates and the possible exemption of the second home mortgage interest deduction could also have a chilling impact on the vacation home marketplace in the lakes region.

Would this revision express your statement more clearly?

Rising income tax rates and the possible repeal of the second home mortgage interest deduction could also have a chilling impact on the vacation home marketplace in the lakes region.

For Wolfeboro, that would be catastrophic.

Moultonborough would have it even worse!

[fatlazyless]

.....mortgage......shmoregage......like who cares about the deducting your mortgage interest what with today's very very low interest rates......long gone is the 15-year, 9% annual interest, 1/3 total down, seller financing type of a deal from 20-years ago...

....besides, when you have crappy credit, then no bank will loan you any money, anyway....

....about the only type mortgage I'll ever qualify....is one of those reverse mortgage scams......as seen on TV.....promoted by Fred Thompson, attorney, actor, U S Senator from Tennessee 1993-2004, & Republican 2008 presidential candidate ...... plus one has to be 62 years old for that so I'm about a year away(?)