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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (53620)2/12/2006 8:35:51 PM
From: TimbaBear  Read Replies (1) | Respond to of 110194
 
I went back to the data and looked again. Employment tax collections for Q3 are 21% higher than Q3 last year. So your theory about it being all estimated payments on cap gains from RE doesn't explain the sharp rise.

I've seen no data that is clearly enough delineated to tell whether the tax receipts from individuals is from self-employment, W-2, or any breakdown that separately lists estimated payments from individuals. If you have access to such data, I'd like to see it.

I have not said that the entire increase was flipper-related, I said that I believed a not insignificant portion of it was.

Timba