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posted by jamesykwak vote down flag
baselinescenario.com - 10/27/2009
Tax Credits, Screwdrivers, and Supply and Demand Curves
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Our Washington Post online column today is another cry in the wilderness against the homebuyer tax credit. There are many arguments against the tax credit. One argument we make is that the tax credit is a benefit for sellers of houses more than for buyers of houses. This is simplest to see ...
online.wsj.com - 11/2/2009
Goldman Looks to Buy Fannie Tax Credits
— online.wsj.com — WASHINGTON -- Goldman Sachs Group Inc. is in talks to buy millions of dollars of tax credits... from government-controlled mortgage giant Fannie Mae, but the potential deal is running into opposition from the U.S. Treasury, which could block the deal. A ... (more) Goldman Looks to Buy Fannie Tax Credits

Comments vote down FT Alphaville found this 11/2/2009found this
Tax credit responses part I: Screwdrivers
self-evident.org - 10/27/2009
Tax credit responses part I: Screwdrivers
— self-evident.org — A number of objections appeared in the comments on my previous post, both here and at Business... Insider . Good. You never learn anything from people who agree with you, and I like to learn. That said, I stand by my original post (mostly), and I want ... (more) Tax credit responses part I: Screwdrivers

Comments vote down The Baseline Scenario found this 10/27/2009found this

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self-evident — Tax Credits, Screwdrivers, and Supply and Demand Curves. Mmm, recursion. Home Buyer Tax Credit to be Extended and Expanded. I hate to say “I told you so”, but… No, scratch that. I like to say “I told you so”. I just wish I had been wrong. Feel free to call your Congressworm if you think it will help (it won’t). Jeremy Grantham’s quarterly letter (via Zero Hedge). A must-read. U.S. official resigns over Afghan war. Be sure to read the resignation letter. Star ...

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Experts Talk GDP, Dollar, Housing, Stocks — BusinessWeek.com -- Finance 10/26/2009
BusinessWeek compiled comments from Wall Street economists and analysts on key economic and financial market topics on Oct. 26: