Kotlikoff says: “The IMF is saying that, to close this fiscal gap [by taxation], would require an immediate and permanent doubling of our personal income taxes, our corporate taxes and all other federal taxes.“America’s fiscal gap is enormous – so massive that closing it appears impossible without immediate and radical reforms to its health care, tax and Social Security systems – as well as military and other discretionary spending cuts.â€He cites earlier calculations by the Congressional Budget Office (CBO) that concluded that the United States would need to increase tax revenue by 12 percentage points of GDP to bring revenue into line with spending commitments.

For the most part, those properties in that small percentage would have had some equity had the owner actually sold for the auction price before the auction!

Ohio - My 3 siblings and myself were each willed small percentages (2%) of my grandmothers estate.

With today's job market, I wonder what percentage of new graduates will be living at or below the poverty level because of their student loans.

Perhaps they have allocated a higher percentage to property management to account for the high vacancy.Effective gross income certainly is overstated.

Yes, in retrospect I should have been adamant about collecting the rents and removing my percentage right off the top.Correct me if I'm wrong but most management firms do exactly that and also require a maintenance fund be setup (like a $300 stipend) to cover a major appliance failure so the manager doesn't incur it out of pocket.Also--they don't paint/make repairs out of that percentage fee.

When LIBOR and Treasury are moving similarly (in both direction and percentage rate), then there is little difference.

Also realtor makes maximum commission based on percentage of price -so they try to list price higher.

As often as I could I would pay all credit cards to get it below a certain percentage of my credit limit: 39% then a couple of month later down to 29% and so forth down to 9%.

Some charge fees to go with those percentages too.