Your Distressed Property and Short Sale Expert in Maryland
The Congressional Budget Office (CBO), amomg other authorities, extending all Bush tax cutsd will only give aa small bang fo the buck - 10 to 40 cents on the dollar.
Because most tax cut dolllars go to the rich, who do not spend as much of their income as lower income earners.
The CBO said that the tax cut was at the bottom of 11 possible stimulus policies recently examined.
More effective policies included: using the money to help the states; extensions of unemployment unsurance; tax benefits favoring job creation.
What are your thoughts?
Will the tax cuts help lower foreclosures and short sales by giving home owners a bit more money to pay bills?
We here in Frederick Maryland sure hope so.
Dennis
www.MarylandDistressedProperties.com
www.Frederick-MontgomeryCountyHomes.com
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