Posts Tagged ‘tax credit’

Obama’s Planned Tax Cuts & Raises

Tax time can be stressful for those who end up owing the government money, especially those in dire financial straights or recovering from a recent bankruptcy filing.
The Associated Press reports that President Obama has proposed new taxes that would both create incentives for companies to hire new workers and increase the amount of money paid [...]

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Existing Home Sales Jump While New Construction Falters

Sales of existing homes in the U.S. took a 10% jump in October, fueled by foreclosures, tax credits and low prices, while new home construction starts dropped by 10.6%.
Purchases of new homes, which make up 90% of the realty market, rose to an annual rate of 6.1 million, up from 5.54 million in September, according [...]

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