Archive for the 'Housing' Category

Lies our politicians tell us.

Property Tax
I live in Massachusetts (or, if you prefer, Taxachusetts), and we’re in the midst of a gubernatorial campaign. One of the big issues is, to no one’s surprise, is taxes. The two major party candidates differ not in the fact that they want to cut taxes, but which one(s) and how much.
Both of the [...]

Deficit drops, Tax revenues rise, Democrats reel

The New York Times reports that an unexpectedly steep rise in tax revenues from corporations and the wealthy is driving down the projected budget deficit this year.
White House officials are expected to announce that the tax receipts will be about $250 billion above last year’s levels and that the deficit will be about $100 billion [...]