Tax Code Revisions Will Result in Windfall Rebates for the Homebuilders
Congress is revising the “look back” provision on losses from two years to five years as a means of providing fiscal support for the nations home builders. As a result, the group is poised to receive massive tax rebate checks in the billions of dollars for each company. The following are the top weighted components of the S&P Homebuilders ETF (XHB):
