Next year the U.S. government is likely to impose the following two types of people 55% of the real estate tax: value of up to $ 1,000,000 with the personal luxury with a value greater than $ 2,000,000 mansion the couple. However, under the "tax deferred plan," the bill approved by the Bush administration to expire at the end of this year's national tax policy will be extended for two years, the extension expired at the end of 11 unemployed dole bill to extend term 13 months, if this bill can be passed, taxpayers need only submit 35% of real estate taxes, tax-free amount of up to 500 million U.S. dollars. Meanwhile, the widowed will be able to ensure that the total amount of 10 million or so to enjoy duty-free gold treatment. American Conservative Tax Reform (Americansfor Tax Reform) organized the leaders of the Nord Quest believes that the tax cut bill the best part is it than the original terms of the 2011 tax advantages. He said: "We are able to be property tax to 35% of the new level. This will make people have more money in the hands, will help the economy improve."
However, the new interest rate is expected to have as many as 40,000 luxury real estate tax exemption, after the United States only to about 3,500 luxury tax. Industry insiders pointed out that the sharp decline in tax revenue in the future will have revenge on the economic impact difficult. Brookings Institution (Brookings Institute), senior researcher Benjamin. Harris (Benjamin Harris), said: "The new rate under the annual loss of property tax is nothing, but years of accumulated will reach 300 billion U.S. dollars. Americans have to compensate for losses elsewhere have more real estate taxes or the deficit . vs reduce taxes on the rich, there are other better ways to promote economic growth. "
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