Tax Credits For Homeowners 2009
April 17th, 2008
Question: Does it make economic sense to borrow 40,000 from China so that we can give a 8,000 new homeowner tax credit?
Not to mention the half-billion dollars already created in fraudulent claims.
Together, fake or faulty claims for the $8,000 refundable tax credit may have cost the government up to half a billion dollars so far, investigators told the Ways and Means subcommittee.
http://www.politicsdaily.com/2009/10/22/four-year-old-got-first-time-homebuyer-tax-credit-panel-told/
Answer: I’m just glad my 14 month old daughter might be eligible for the tax credit.
A harrowing year for housing
This turbulent year in real estate departs with the drama of profound distress alongside the good fortune of thousands now living in their first houses.
Emeritus Newsbrief March 19 2009
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