Thursday, September 25, 2008

Should Agents Be Taxed To Compensate For Real Estate Losses In The Market?

A discussion at the Seattle P.I. on whether or not the government should restructure sub-prime loans morphed into a conversation as to whether real estate agents and others "responsible" for the monetary crisis should be taxed to compensate those who’ve lost money in buying or selling a home. One reader proposes a $500 federal excise tax on all real estate transactions until the debts are settled. Hilarity ensues.[...]

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[Source: The Money Blogs]

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