Fiscal cliff

Kva skjer med skattene 1.januar om ”Fiscal Cliff” skulle inntreffa ?

Det er mange ting ,men denne sida er og alvorleg.

[ http://www.forbes.com/sites/morganbrennan/2012/12/21/as-fiscal-cliff-looms-heres-the-expiring-tax-break-that-will-hurt-housing-the-most/ ]

…”the Mortgage Forgiveness Debt Relief Act grants distressed homeowners an exemption from paying federal taxes on forgiven mortgage principals….”

So if, say, a homeowner facing foreclosure offloads their underwater home with a $295,000 mortgage attached in a short sale for $200,000, they would not have to pay federal taxes on that $95,000 forgiven principal amount that neither they nor the lender will ever see again.

Come January, THIS IS SET TO CHANGE.

That homeowner who has been forgiven $95,000 in mortgage principal COULD OWE AS MUCH AS $33,000 IN TAXES.

That’s tens of thousands in taxes on so-called “earned income” that no longer exists anywhere but in the loss column of a bank’s balance sheet.

“There are so many people who are now selling short who wouldn’t do it if they had to pay tax on the money that the bank is going to forgive them. ”

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No er det berre nokre få dagar igjen å forhandla på.

Eg er spesielt interessert i dette av fleire grunnar.

Det kan verta starten ei ein stor nedtur i verdsøkonomien

og eg trur profetiane oppfyllest ,slik andre og skriv.

[ http://www.examiner.com/article/will-barack-obama-fulfill-the-prophecy-of-daniel-11-20 ]

"Will Barack Obama fulfill the prophecy of Daniel 11:20?"

[ http://www.npr.org/blogs/thetwo-way/2012/12/21/167830648/obama-on-fiscal-cliff-talks-i-actually-still-think-we-can-get-it-done ]

"In a news conference Friday, President Obama said there were still things the parties could agree on about the automatic tax-rate increases and spending cuts at the end of the year. But he said parties would have to work together to get a plan approved in the next 10 days."