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Annual Privatization Report examines privatization and public-private partnership trends at the federal levelApril 15, 2013
The federal section of Reason Foundation's Annual Privatization Report 2013 provides an overview of the latest on federal government privatization and public-private partnerships. Topics include:
Subsection of Annual Privatization Report 2013: Federal Government PrivatizationApril 15, 2013
This subsection of Reason Foundation's Annual Privatization Report 2013: Federal Government Privatization details miscellaneous news and notes from the privatization of federal government services.
The Obama administration is concerned that even in the midst of the housing marketís recovery, many young people and people with bad credit canít borrow money to buy homes. Yes, this sounds eerily similar to the policies that helped create the housing bubble in the first place. And yes, while ensuring that homes loans are available to all borrowers is a well-intentioned plan to help low-income families, it will likely hurt them.
Who Benefits and By How Much?December 12, 2012
The federal income tax code is riddled with loopholes, deductions and credits designed to promote various social goals and benefit assorted groups of Americans. One of the largest of these is the mortgage interest deduction (MID), which allowed taxpayers to claim benefits of $82.7 billion in 2010, the latest data available. Given the number of recent proposals to change the MID in some way, it is helpful to review which households are claiming the mortgage interest deduction.
In a new policy summary, Reason Foundation offers a update to the 2011 study "Unmasking the Mortgage Interest Deducton" and takes a look at who is currently benefiting from the MID.
Joint Committee on Taxation data shows households making $100,000 or more a year constitute 55 percent of those claiming the MID, and they receive 78 percent of the deduction’s total benefits. The last two columns of our table of the JCT data show the average tax savings that households in each income group receive from the MID, and what those savings represent in monthly savings. For example, the MID saves middle-class households making between $40,000 and $75,000 a year around $80 a month. The MID is not the middle-class savior it is made out to be.
What housing data you should look for in the coming monthsOctober 24, 2012
With a large amount of housing data coming out over the next few days (including the FHFA price data leaked last night), we are likely to see a full range of headlines either proclaiming a continued housing recovery or warning that single data points can’t be considered in isolation. Housing analysts are notorious for their heterogeneous outlook, so this non-convergence of opinion is to be expected. But can we filter through the headline noise to identify which reports are providing the most robust analysis? Sure, just look for the reports that include a comment or two about a coming foreclosure wave—those are the more robust stories.
The reality is that foreclosures are far from having hit their bottom. They declined after the “robo-signing” scandal in late 2010, which revealed that banks were processing foreclosures too quickly. But this slowdown was the result of procedural changes, not resurgent market strength. A recent Barclay’s forecast estimates foreclosures will be rapidly picking up steam going into 2013 and peaking in 2014 before they actually start to dissipate towards the end of 2014 and beyond. We have replicated their forecast to show a few key events that impacted the numbers.
Weighing the records of Obama-Biden and Romney-RyanAugust 17, 2012
A standard line in the punditry circuit this week has suggested that Mitt Romney's selection of Paul Ryan as his running mate will bring a welcome measure of substance to the race. If so, then cheers all around. Hopefully, one critical element of the economy and society that has gotten little substantive attention to date will get its due: housing finance and property markets. In principle, a Romney-Ryan Administration should represent a significant break from what President Obama has done in his first term on housing policy. But what do the records show?
View Resources by Type
- Zoning vs. Eminent Domain: How Ventura County Shut Down The Pine Mountain Inn
May 30th, 2012
- Unchecked Power: Damon Root Talks Eminent Domain Abuse and Undeclared Wars on Freedom Watch
November 28th, 2011
- The Tragedy of Urban Renewal
September 28th, 2011
- Battle for the California Desert: Why is the Government Driving Folks off Their Land?
August 24th, 2011
- The Battle For Brooklyn: Eminent Domain Abuse Gone Wild
July 19th, 2011
- Timothy Sandefur on The Right to Earn a Living
September 27th, 2010
- Anyone Care About Economic Liberty Anymore? George Thomas on the 14th Amendment
September 10th, 2010
- Damon Root Discusses Libertarians vs. Conservatives on the Supreme Court and More!
July 23rd, 2010
- Billionaires vs. Brooklyn's Best Bar
March 3rd, 2010
December 18th, 2007
- National City
November 15th, 2007
- Federal Privatization Update (4/15)
- ANALYSIS: Privatization of Financial Regulation is Not Impossible (4/15)
- How Obamaís Plan to Encourage Homeownership Will Hurt the Poor the Most (4/3)
- Unmasking the Mortgage Interest Deduction - Update 2012 (12/12)
- Thinking about Foreclosures and the Fauxcovery (10/24)
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