Monday, February 6, 2012
Here's a tax that will be imposed for the next 10 years on most mortgages and refinancings and it lasts for the life of the loan. For every $200,000, it amounts to an extra $15 dollars a month. That 2% payroll tax the gov gave everybody last Dec. This is how they'll pay for it and them some, to the tune of an extra $35.7 billion to the general treasury. Bet you didn't hear this one. Gov offers a few dollars back out of paycheck, takes $billions back. Good deal for them, and no one knows, until now. Thanks to CBS for actually doing some reporting for a change.
For every $200,000, it amounts to an extra $15 dollars a month.
$35.7 billion collected in fees go to general fund for congress to spend any ol’ way the want.