Get ready for it… $10.8 billion. This is an estimate for the extension portion only – the initial credit cost just over $8 billion. Call
Read MoreCategory: politics
First Time Homebuyer’s Credit Likely Expanded
You know what they say in Congress, if it’s not broke (enough), keep trying until it is… So, with that in mind, Senate Majority Leader
Read MoreCheater, Cheater, Pumpkin Eater: Home Buyer Credit Fraud Rampant
Soooo… You know that I wasn’t a fan of the first time home buyer credit. It was touted as a “stimulus” for middle class taxpayers
Read MoreIs McCotter Barking Up The Right Tree With Tax Deductions For Pet Owners?
In 1999, my husband and I decided that our house was too big and empty for the two of us. So we did what many
Read MoreDear Nancy, Please Don't Raise Taxes To Pay For Health Care…
This week, 157 House Democrats (which for math junkies like me, who want to know the actual percentage of House Dems who signed, it’s 62%)
Read MoreMerkel Wins 2nd Term In Germany, Touts Tax Cuts
“Lesen Sie es von meinen Lippen ab, keine neuen Steuern.”(translation: Read my lips, no new taxes.) Okay, maybe German Chancellor Angela Merkel didn’t actually say
Read MoreFix The Tax Code Friday: Extending Tax Programs
It’s Fix the Tax Code Friday! Buoyed by the popularity of the Cash for Clunkers program – and the perceived success of the First Time
Read MoreFirst-Time Homebuyer Credit Viewed As A Success
If by success, you mean that a lot of people took advantage of it… The IRS has reported that 1.4 million taxpayers have claimed the
Read MoreACORN Loses Federal Funding
Just days after offering some “interesting” tax advice on film, ACORN was hit with a House bill that would deny federal funds to the group.
Read MoreGeithner Backtracks On Possible Tax Increase
Remember last month when Secretary of the Treasury Timothy Geithner would not rule out a tax increase for the middle class to resolve our budget
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