Archive for June 29th, 2010

Homebuyer Tax Credit And Home Prices

Here’s a couple of quick takes on housing. Reuters reports that the House has extended the deadline for collecting the homebuyer tax credit from June 30 to September 30. The Senate is expected to follow suit. Expect lots of contracts to be backdated. There doesn’t appear to be any way to kill this thing. Don […]

Nineteen Billion Dollars Is A Big Deal

The blogosphere is having conniptions over Scott Brown’s announcement that he won’t vote for final passage of FinReg because of the $19 billion tax on banks that was incorporated at the last minute. The recurring theme is that $19 billion is a small amount of money and that anyway it’s going to be levied on […]