Political Quotes

Tom Reed: “If this extension is not enacted, homeowners who are in short sales or foreclosures, and even those who are able to…”

On the recordApril 25, 2012
If this extension is not enacted, homeowners who are in short sales or foreclosures, and even those who are able to restructure existing loans and keep their homes, will be required to pay income tax on cash which they never actually had.
Said by
Tom Reed
New York

Editor's note · Context

Discussing the need for tax relief for homeowners facing foreclosure.

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