Oops!  California's senior senator just came out endorsing a tax break for the affluent. With Democrats' denunciations of the GOP tax bill focused on how it benefits the rich, Senator Dianne Feinstein struck a discordant note and complained that it actually hurts the well-to-do.  In a tweet, the senior senator from California complained that well-to-do home-buyers will no longer be subsidized with tax deductions for large mortgages. The Republican tax bill caps the mortgage interest deduction at $750,000 for new mortgages. In California, seven counties have average home prices that are more than $750,000: Alameda, Marin, Orange, San Francisco, San Mateo, Santa Clara and Santa Cruz counties. #GOPTaxScam — Sen Dianne Feinstein (@SenFeinstein) December 17, 2017 As Richard Baehr points out, there are 49 other states to move to, not to mention quite a few counties in California where housing prices are far lower.  There is no question...(Read Full Post)