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Economics

A Letter to the Tax Reform Panel: FairTax Boon to Home Building

(Forrest K Harstad)
I’d like to explain how the FairTax will be one of the greatest boons to homeownership and the home construction industry in the history of America.
I have been a Realtor since 1975 and a home builder/ developer since 1980 in the metro area of Minneapolis/St Paul, Minnesota.
First, the FairTax eliminates the imbedded expenses [...]

Stealth IRS changes mean millions of new tax forms

The massive expansion of requirements for businesses to file 1099 tax forms that was hidden in the 2,409-page health reform bill took many by surprise when it came to light last month.

Oh, So The “Recovery” Is About Delinquency?

I’ve said for a long time that one of the reasons our consumer spending numbers have been “reasonably good” the last six months or so – and have been improving – is that people haven’t been paying their mortgages.