For economic growth, tax cuts are not a luxury

Article Abstract:

Personal taxes equaled 21% of the US economy in 1999, and should be cut to reduce the tax burden. Congress will spend the budget surplus on new programs if there is no tax cut. The real estate industry favors reducing the depreciation recapture rate.

Real estate agents and managers, Real Estate Agents & Brokers, Offices of Real Estate Agents and Brokers, Real estate agents, Taxation, Tax policy

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1999 home sales record to stand for a while: Fed actions will push home sales from today's record levels

Article Abstract:

Existing-home sales have reached 5 million-plus units every month since November 1998, but investors' response to the Federal government's actions are likely to put pressure on mortgage rates and depress the housing market.

Economic policy, National government, House buying, Home buying, Federal government

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Record homeownership may be first of more surprises

Article Abstract:

A Census Bureau report reveals that a record 67% of all US households own their own homes. The homeownership rate varies by region, racial group and age.

Statistical Data Included, Reports, Statistics, Homeowners, United States. Bureau of the Census

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