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ExpertRealEstateTips (November 30, 1999 at 12:00 am)
I have not heard this and I have been talking to one of the leading 1031 companies about a variety of subjects. Can you show me where on the Obama site he is talking about taking away the 1031 tax break? If true, this would be a huge mistake.
catttaylor (November 30, 1999 at 12:00 am)
Tell everyone that Obama plans on taking away 1031 exchanges. This info comes from Obama's camp. It's how he's not going to raise taxes (hah - taking away tax breaks = raising taxes) This is part of how he plans to do his Robin Hood administration. What's going to happen to the economy when he raises taxes on businesses who are already heavily burdened? What's going to happen to those people who won't have jobs because the companies won't be able to pay them anymore? |
