You just need to do the math. Lets say the IRS gets there 16 million in fines. And they have to stop selling these as tax free bonds. I doubt anyone gets 100% of what they want, but assume worst case and they do. So the difference between tax free and taxable bonds right now is very small. So the bond holders get hurt a little bit and future bonds for the rest of the development may not be so attractive. But take the 16 million and assess every home in TV, again worst case. Each home would owe a little less then $300. Probably have to paid over 2 years, so an added assessment of an awful $15 a month with interest for 2 years. My guess would be that will never happen, but even the maximum fine having to paid by the residents, while not great, probably wont change what you have for dinner tonight.
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