Tuesday, December 20, 2011

House stops Senate's Tax-Cut Plan. Finally: a victory for the consumer.

The two month extension of the senate's tax cut plan was stopped dead today by the Republican controlled House. The tax cut would have been paid for by a 10 bps fee charged to those buying homes or refinancing starting January 1, 2012.
It seems that congress finally made a decision in favor of the consumer. It's about time.
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