Democrat refusal to extend tax breaks gets new victims.
Short sales home sellers face huge tax bills if breaks aren t reinstated - Washington Times
Supporters of the exemption say taxing the phantom income would only hurt Americans who suffered most from the Great Recession, people who resorted to short sales because they didn’t have enough money to make mortgage payments and simultaneously faced the plummeting values of their homes.
Democrats need these taxes to fund green energy programs.
Short sales home sellers face huge tax bills if breaks aren t reinstated - Washington Times
Supporters of the exemption say taxing the phantom income would only hurt Americans who suffered most from the Great Recession, people who resorted to short sales because they didn’t have enough money to make mortgage payments and simultaneously faced the plummeting values of their homes.
Democrats need these taxes to fund green energy programs.