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Politically Incorrect Opinions on Anything and Everything!!

Thursday, May 25, 2017

Monthly Archives: April 2010

New York Budget Mess – Tax Baby Tax

The City and State of New York, in hopes of closing a $9.2 billion budget gap are proposing the following; 1. Tax alcohol – Don’t worry it will only cost about $.10 more for a beer. 2. Remember the Soda Tax? – $.01 and ounce of sugary soda or really $.12 a can. 3. The $10 pack of cigs? Although a pack of smokes now costs $10 in New York City, should this budget proposal pass a pack of cigarettes will cost $11. $3.75 in taxes on cigarettes will be the new national high. Note to self, stop smoking cigs…

Walking Away From Your Mortgage

It can be argued, quite effectively, that mortgage lenders wrote many loans that should not have been written in the first place. This is nothing new and has been well publicized in the papers as well as news broadcasts around the country. However, I’ve been reading more and more about people just simply walking away from the mortgage. Many homeowners are finding that they owe more on their mortgage than the home is worth or even after a loan modification they cannot keep up with the modified payment. Today I came across an article in the New York Daily News…

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