We did it!! We scored one for the little gal and guy! On October 19, 2022, QI published, “The Land of the Bleed & The Home of the Greed,” which you can read in full at this link. As I wrote then, “In March 2010, eight months after the Great Recession had ended, the United States Internal Revenue Service (IRS) issued a record $24 billion in business income tax refunds. Great losses had been tallied leading to a massive relief in tax refund monies paid out to businesses, millions of which did so when the window opened on January 15, 2010. In the 20 months following February 2020, a total of $156 billion was paid out in business income tax refunds. This year, the IRS opened the till on January 24th. But that date was beyond irrelevant. The minute the CARES Act was signed into law on March 27, 2020, the biggest tax party in U.S. history kicked off. It hasn’t ended.”
What a service you have done for this country - seriously. And, the history lesson - the tax refunds now make sense of what I never really understood back in 2010 - how we were able to sustain a refi boom. Even though rates were ridiculously low to me it never made sense.
Thank you for the determination and hard work. Excellent.
Awesome insight and initiative to recognize and report on a transformative situation. Stop the flood, let the waters recede and the real naked economy will show itself. It’s not going to be pretty.
Congrats and a massive thank you are in order! Every little victory is worth celebrating and y'all did the hard work, stuck with it, and won. Now I'm quite keen to see when the message Melody et al are singing (there is plenty of housing inventory) gains some traction (especially after this baloney of an earnings report from LEN by IBD today).
Thank you very much!
AGREED!
Thank you kindly! And I concur on welcoming the day Melody is validated. The airbnb jocks give her such a hard time.
What a service you have done for this country - seriously. And, the history lesson - the tax refunds now make sense of what I never really understood back in 2010 - how we were able to sustain a refi boom. Even though rates were ridiculously low to me it never made sense.
Thank you for the determination and hard work. Excellent.
Awesome insight and initiative to recognize and report on a transformative situation. Stop the flood, let the waters recede and the real naked economy will show itself. It’s not going to be pretty.
Congrats and a massive thank you are in order! Every little victory is worth celebrating and y'all did the hard work, stuck with it, and won. Now I'm quite keen to see when the message Melody et al are singing (there is plenty of housing inventory) gains some traction (especially after this baloney of an earnings report from LEN by IBD today).
Congratulations, finally.
Congratulations on helping to expose this massive grift!
Great work and thank you for your persistence.