Word: taxes
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...brother Randall, a chef, she uses their half-hour show, The Informed Citizen, to warn of threats to the American way of life. Among them: a conspiratorial U.S. government that is surrendering its sovereignty to the U.N.; efforts by police and gun-control advocates to disarm citizens; and a tax burden that is robbing Americans of their hard-earned income. Her aim, she insists, is simply to inform and motivate. "A lot of people," she says, "are willing to give up their rights and freedom out of fear...
...other expiring program - the federal home-buyer tax-credit program, which offered an $8,000 credit to first-time home buyers - was so successful at luring home shoppers into the decimated market last year that the government extended it into 2010 and expanded it to include a $6,500 credit for non-first-time buyers. About 2 million families used the credit in 2009, and an additional 2.2 million to 2.4 million will take advantage of it this year, according to Lawrence Yun, chief economist with the National Association of Realtors. Approximately 800,000 of the transactions have involved home...
...Analysts expect a surge in home-buying activity in the coming weeks as Americans rush to take advantage of the tax-credit program before its April 30 contract deadline. (Under the program, a contract must be signed by April 30 and the home closed by June 30.) Expect lobbying efforts calling for the credit to be extended a second time to escalate as the expiration date draws closer - similar to what happened in the weeks leading up to the first expiration date. But not all experts are on board. Jay Brinkmann, chief economist with the Mortgage Bankers Association, says...
...There are already signs of how fragile the rebound truly is. The latest month-over-month data show sales have slowed in recent months despite low mortgage rates and the home-buyer tax-credit program. New and existing home sales fell 2.2% and 0.6% respectively from January to February, and unsold inventory rose 9.5% during the same period. Some of February's sluggishness could be explained by cold, snowy weather that blasted the Eastern seaboard, but the precise impact of this is hard to know...
...Caspersen gave $30 million—the largest gift in the Law School’s history—to fund a wing of the Northwest Corner. After he committed suicide in 2009, media outlets reported that he was under investigation by the IRS for tax evasion, but McCrossan said there has been no indication that his gift to the Law School will be clawed back due to the IRS inquiries...