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Updated: May 21, 2025
Second, we ought to cut taxes $ 500 for families with children under 13. Third, we ought to foster more savings and personal responsibility by permitting people to establish an individual retirement account and withdraw from it tax free for the cost of education, health care, first-time home buying or the care of a parent. And fourth, we should pass a G.I. bill for America's workers.
My plan would modify the passive-loss rule for active real-estate developers. And it would make it easier for pension plans to purchase real estate. For those Americans who dream of buying a first home but who can't quite afford it, my plan would allow first-time home buyers to withdraw savings from IRAs without penalty and provide a $5000 tax credit for the first purchase of that home.
I have even had clients tell me that they have a bowel movement once a week, and they are quite certain that they are not constipated. The most surprising thing to novice fasters is that repeated enemas or colonics during fasting begins to release many pounds of undeniably real, old, caked fecal matter and/or huge mucus strings. The first-time faster can hardly believe these were present.
V. Henkels, "Jefferson's Recollections of Patrick Henry," Pennsylvania Magazine of History and Biography, XXXIV, 385-418. How had these two men, Henry and Johnston brought it off. One was 29, the other 65; one was a first-time burgess, the other a veteran member.
It's there for our housing initiative, hope, H-O-P-E, to help everyone from first-time homebuyers to the homeless. The money's there to keep our kids drug-free, 70 percent more than when I took office in 1989. It's there for space exploration, and its there for education, another record high. And one more, and one more thing.
Home price inflation and high interest rates threaten to put homeownership out of reach for first-time homebuyers. Lower income households, the elderly and those dependent upon rental housing face rising rents, low levels of rental housing construction by historic standards, and the threat of displacement due to conversion to condominiums and other factors.
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