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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: alanrs who wrote (150731)9/26/2008 11:16:39 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
They can go to switzerland or Dubai but if they are US citizens they still gotta pay US taxes. If they renounce citizenship they have to pay tax on unrealized gains plus the next 10 years in income taxes.

Oh well. let them go.



To: alanrs who wrote (150731)9/26/2008 11:26:52 AM
From: alanrsRead Replies (2) | Respond to of 306849
 
Janet (wife) just sent me this from work.

Good stuff in Economist both on economy and election, but from a CNN article on why we won’t have the Depression comes this quote (apparently the line forms on the left and the right)

Jerry Howard, CEO of the National Association of Home Builders, said the Wall Street bailout is crucial, even though he doesn't believe it will solve the credit crunch that was hitting his members before the crisis started. For this reason, Howard said as soon as Congress returns to work from its upcoming recess, his trade group will be asking for another package of between $40 billion and $90 billion directed towards the housing market.

ARS