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Archive for the ‘Taxes’ Category

New Tax Could Soon Be On The Horizon – This Is Going To Impact The Market

May 27th, 2009

The Washington Post broke the story that House democrats may soon suggest a new value added tax that would be added on top of goods and services purchased in the United States. Along with an income tax, you’d also pay as much as 20% on top of any products you buy here in the states, a federal sales tax of sorts… Read more…

Investing, Taxes

2009 Economic Stimulus Package and the $15,000 Homebuyers Tax Credit – All the answers to your questions

February 5th, 2009

The American Recovery and Reinvestment Act of 2009 better known as the stimulus bill has a very interesting tax cut that is sure to fire up the real estate market. In the bill as drawn up American’s would receive up to a $15,000 tax credit for buying a home in 2009. I’ve dissected the bill and made it easier to follow than the full amendment. Read more…

Real Estate, Taxes