Barclay’s announced its profits doubled! The world is alarmed! Nothing about this alarms me…. Think about the market share Barclay’s picked up when they took over Lehman, buying out the company at a bargain price. Think about the money made as the world population increased their savings in the past 12 months, while Barclay’s… [Read More]
WHITE HOUSE 2011 BUDGET: NOW WHAT?
How will the just announced White House $3.8 trillion budget for fiscal 2011 impact the luxury real estate market? In it is a proposal to raise capital gains taxes back to 20%. (The Bush tax cuts had reduced this to the current 15%.) …..Better get those capital gains posted in 2010! The top tax bracket would… [Read More]