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Sunday, February 26, 2017 8:46:17 PM
You stated that voiding the NWS would not cost the treasury.
You see, it WOULD cost the UST in the short term..beginning with the immediate $5 billion NOT sent to the treasury, if the NWS were terminated by this judge.
In the long term, however, it would NOT cost the UST..in fact they would make money, even tho, there would be short term costs, explained above.
Long term, people like us will pay much taxes on the gains. Then we would have to pay taxes on the dividends. We would spend at least a portion of our profits, and that would be taxed again, to who/whatever we spent the money on.
More importantly, a healthy housing market would generate billions in tax revenue, from buying, selling, and remodeling homes, that could now be financed with a healthy fnma, should we get our company back.
Release FNMA + Shareholders pay taxes + more people buy homes generating more taxes, leading to rising real estate prices leading to still more tax revenue. (When you sell your home at a profit, you have to pay tax on the gain(s).
Releasing FNMA would be the spark to ignite our economy generating much more tax revenue than the government would have to forego, because of the "multiplier effect". You see if I make 100,000 selling my home, then I would pay tax and buy something.
The person I bought from would have income and pay tax and he would buy something else. On average, a dollar changes hands about 4-6 times per year.
Source: https://www.quora.com/Velocity-of-Money-On-average-how-often-does-a-US-Dollar-Bill-exchange-hands-in-a-year
Each time its taxed so the government can easily make more in a year than it costs them.
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