President Bush pushing for tax relief

By
Real Estate Agent with Sand Dollar Realty Group, Inc. BK627826

There is some good news out of Washington today.  President Bush has proposed a big plan to help stimulate the economy.  The plan includes income tax cuts and tax rebates.  You can read the details on USA Today.  Any relief is definitely a good thing.  I don't know if what he is proposing is enough.  It might be too little too late, but it is better than nothing. 

   

Now if we can just get the Florida legislature to give us some meaningful property tax relief in 2008 besides this band-aid proposal on the January ballot. 

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(Copyright © 2008. Sand Dollar Realty Group, Inc. All rights reserved.)

Rob Arnold, ABR, CPL, CRB, GRI, Managing real estate broker, Licensed mortgage broker, Notary Public

407-389-7318 www.SDRhouses.com/

Your full service and investor friendly Realtor in Orlando. Learn to invest in Central Florida real estate and Orlando real estate. Investor mentoring and counseling available. I also provide flat fee MLS listings, For Sale By Owner, and menu-based services in Florida.

We buy houses cash in Central Florida including Orlando, Winter Park, Maitland, Ocoee, Apopka, Altamonte Springs, Casselberry, Longwood, Winter Springs, Lake Mary, Sanford, Deltona, and Debary. www.WeBuyHousesFlorida.com/

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Rainer
118,799
» Bill Burress Nationwide Mortgage Originator
» Bill Burress Nationwide Mortgage Originator - Fort Myers, FL

Rob:

Good news.  Not enough, but anything is better than nothing.

You need to post this on SilentMajority.

Jan 18, 2008 11:37 AM #1
Rainer
35,908
Joseph Ellman
Realty Executives- Williams-Sykes Realty - Poughkeepsie, NY
Rob - Hopefully the plan will move quickly through the tweaking and approval process.
Jan 18, 2008 09:57 PM #2
Rainmaker
1,013,621
Rob Arnold
Sand Dollar Realty Group, Inc. - Altamonte Springs, FL
Metro Orlando Full Service - Investor Friendly & F

Bill - I will add it to SM.

Joseph - It sounds like Congress is on board with things.

Jan 19, 2008 12:37 AM #3
Rainer
118,799
» Bill Burress Nationwide Mortgage Originator
» Bill Burress Nationwide Mortgage Originator - Fort Myers, FL

Rob:

This is huge.  President Bush serving up a tax credit in a Presidential Election year.  I don't know about you, but every American should like this.

This will definitely serve to demonstrate the huge divide between the Socialists Democrats and the G.O.P.

Jan 19, 2008 02:04 AM #4
Rainer
118,799
» Bill Burress Nationwide Mortgage Originator
» Bill Burress Nationwide Mortgage Originator - Fort Myers, FL

Rob:

Congratulations!

This post has earned featured post status on the Silent Majority group in ActiveRain.

 

 

 

 

 

 

Jan 19, 2008 02:05 AM #5
Rainmaker
1,013,621
Rob Arnold
Sand Dollar Realty Group, Inc. - Altamonte Springs, FL
Metro Orlando Full Service - Investor Friendly & F
Bill - Very cool. My first featured post.
Jan 19, 2008 02:44 AM #6
Rainmaker
400,669
Hugh Krone
Weichert Referral Associates - Hamburg, NJ
Realtor, Sussex County NJ
Better than a campaign contribution to the republican presidential nominee. Whoever it may be.
Jan 19, 2008 04:44 AM #7
Rainmaker
405,516
Simon Conway
Orlando Area Real Estate Services - Orlando, FL
My only disappointment is that it does not inlcude making the previous tax cuts permanent.  think that should have been in there. What is really key here is timing - cash dropping through people's mail boxes in around 7 or 8 months from now.....
Jan 19, 2008 07:57 AM #8
Rainmaker
362,407
Lynn Pineda
eXp Realty - Boca Raton, FL
Real Estate Promises delivered in SE Florida

Rob, it is great to see some stimulus to hit American's pocket books.  It's good, it's a positive step and Bush is for the people yet, we'll still need more with permanent tax cuts or no income taxes at all!  Or we could swing to the Democrats who want to increase taxes; HA....where do they come from? Congratulations on your featured post too!

Jan 19, 2008 09:55 AM #9
Rainmaker
830,347
Broker Nick
South Florida Real Estate & Development, Inc. - Coconut Creek, FL
Broker Nick Relocation Broker Service
Anything helps to stimulate this economy. People are saying negative things, but never come up with anything of value themselves.
Jan 19, 2008 12:54 PM #10
Rainmaker
1,013,621
Rob Arnold
Sand Dollar Realty Group, Inc. - Altamonte Springs, FL
Metro Orlando Full Service - Investor Friendly & F

Hugh - Very true.  We definitely need something though.  This country is a long way from getting back on track to recovery.

Simon - I agree.  Interesting timing.  It is all a big political game. Any relief is good at this point.

Lynn - Thanks.  I don't see anything negative with tax cuts.  I wish they would do more like you said.

Nicholas - Definitely.  I think we need some radical new changes in order to modernize our government.  Things are done quite backwards in much of Washington - taxes, healthcare, etc.  Time to get into the 21st century.

 

Jan 20, 2008 09:20 AM #11
Rainer
7,811
Frank Ross
Pillar To Post Professional Home Inspection of SW Utah - Saint George, UT

If president bush wants to stimulate the economy he needs to do major cut backs in spending, he needs to have this country live within its means, stop borrowing nearly 2 billion dollars a DAY from other countries, get rid of the top heavy government, stop giving out foreign aid, Stop trying to bail out mortgage companies, stop the fed paying for natural disasters, put the states in control of their state get the fed out of the state decisions, use the tax money collected for just what it is supposed to be used for (paying for the operation of the government and to defend the USA) if he did all of this then we would have such a surplus of tax money AND be out of debt that our taxes could be cut by a goodly amount.  This tax relief will do nothing. What would a typical family do if they got a $1000 check from the Fed Gov? Most likely just use the money to get caught up on their bills. And then continue to work paycheck to paycheck.

If I and my family spent and borrowed money that we cannot afford to pay back like the Fed Gov does, we would have gone bankrupt long ago.

If president bush would try to be "president" instead of a "king" maybe then he could do something right.

I think what we need to turn this country around is a totally cleansing of the Washington DC. I heard this on the radio some 15 years ago by a person that called in the talk show, he said to give him any phone book from any town in any state and pick the first 500 names in the book and put them in the Senate and Congress and he would have more faith in those 500 people than he has in the current so called elected officials.        I agree with him.

What is the difference between a good president and a bad president?  The good presidents all get assinated and the bad ones get re-elected!

And a quote from Will Rogers. He said "there is not a man in this country that can't earn a living for he and his family, but he CAN'T earn a living for he and his family AND the government too"

Jan 20, 2008 10:38 PM #12
Rainmaker
1,013,621
Rob Arnold
Sand Dollar Realty Group, Inc. - Altamonte Springs, FL
Metro Orlando Full Service - Investor Friendly & F
Frank - You are on target with a lot of what you say.  The Federal government cannot be everything to everyone.  President Bush is one of the most liberal spenders that we have had in office in decades.  He has increased the size of the federal government tremendously since he took office.  I don't know about pulling names out of the phone book to fill Congressional seats though - I think the answer for that is term limits.
Jan 21, 2008 08:59 AM #13
Rainer
96,946
John Hersey
Berkshire Hathaway HomeServices Homesale Realty - York, PA
e-PRO Realtor
If we run our businesses like the govt. runs things as far as money and spending goes, would any of us be in business anymore??  I would still pick George Bush over anyone that ran against him or any of the Dems running now.
Jan 21, 2008 02:22 PM #14
Rainmaker
405,516
Simon Conway
Orlando Area Real Estate Services - Orlando, FL

Interesting points Frank makes. I have long said that Congress should be conducted like jury Service - no excuses. You get called, you serve for two years.

As for the rest - cut cut cut spending and then cut it some more! Once you;ve done that, cut cut cut cut taxes and then abolish the IRS!

Jan 21, 2008 02:28 PM #15
Rainmaker
1,013,621
Rob Arnold
Sand Dollar Realty Group, Inc. - Altamonte Springs, FL
Metro Orlando Full Service - Investor Friendly & F

John - You are very right.  We need a balanced budget amendment and spending caps. And cut out all these bailouts, long-term welfare, and handouts to other nations.

Simon - The federal government needs someone to go up there and overhaul the place.  Radical changes to the same old same old.

Jan 22, 2008 03:26 AM #16
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Rob Arnold

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