Word: taxed
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...there is a tax worth paying, many people would probably say that one that helps build a foundation under the value of their own homes is high on the list. The process may create an atmosphere that looks and feels like socialism, but if the net effect is that the drop in housing prices is reversed in short order, even free-market advocates may tolerate this plan rather than watch the world burn...
...other plans out there, it does not require significant government spending. It is also politically palatable, as it does not discriminate and does not rescue certain institutions while leaving others to fend for themselves. Homeowners get the most direct benefit, and the solution is efficient because of its flat-tax-like nature. Just about everybody wins...
...resignation speech at Monday’s City Council meeting, Murphy recalled some of the many resolutions the council has passed during his tenure, including reform of the city’s Criminal Offender Record Information policy and efforts to clarify the city’s property tax system...
...lend their support. "I am not happy with it," said Senator Tom Harkin, Democrat of Iowa. "You are not looking at a happy camper. I mean, they took a lot of stuff out of education. They took it out of health, school construction, and they put it more into tax issues...
...final bill comprises about 35% in tax cuts and 65% in spending, including more than $150 billion for infrastructure projects. The conferees removed $68 billion in business tax cuts that would have let companies write off recent losses, and a home-buyers' credit of $15,000 was reduced to $8,000. A provision to help car buyers write off their interest payments was also reduced, to $2 billion from $11 billion. The bill does include a $70 billion annual Alternative Minimum Tax relief patch to prevent millions of middle-class Americans from getting penalized by a measure that was originally...