Category: Taxes

Relief from relief

6 November, 2007 (11:01) | Finance, Markets, Policy, Subprime, Taxes | No comments

“Restructuring my loan — it was horrible, Xena!”
 
With all the travails of delinquent borrowers in the subprime mess, you’d think that losing one’s home to foreclosure would be the only financial bullet one might have to dodge —
 

Glad I avoided foreclosure
 
— and that, if by some good fortune the borrower was able to modify the loan, […]

Tax reform: threats and execution?

4 November, 2005 (12:27) | Local taxes, Policy, Tax credits, Taxes |

As Yogi Berra said, “it’s deja vu all over again.” 
 
 
“I never said half the things I said.”
 
Not only has the President’s Advisory Panel on Tax Reform thought about the unthinkable — repealing the mortgage interest deduction — it has actually advanced two distinct proposals for comprehensively overhauling the tax code.  While some may see […]