The Federal Tax Credits Blog

Archive for the ‘Tax Credit Stimulus’ Category

Full text: Pranab Mukherjee’s Budget speech

Complete text of Finance Minister Pranab Mukherjee’s Union Budget speech for 2011-12.

6/8/09: White House Press Briefing

Question: The new stimulus package and amending my taxes?

We are in the process of purchasing a new home, and the new stimulus package allows for a $8000 credit if you are a first time home buyer.. so can I go back and amend my taxes and get the new $8000 tax credit instead of the current $7500 “loan”

Answer: Yes, you’ll need to amend your taxes. But when you finance your new home, make sure that you don’t finance through a Government Housing Agency that allows you to finance with 0% down because that’s what my husband and I did and those mortgages don’t qualify for the tax credit.

Please learn from my mistake!!!!!

Senate Tax Cut Package Filled With Sweeteners, Obama Predicts Passage

The sweeping tax cut bill introduced Thursday night by Senate Majority Leader Harry Reid is chock-full of sweeteners which could serve as a legislative pacifier for Democrats outraged over the concessions President Obama has handed to Republicans. 

$8000 tax credit

Has Mish Deflated the “Inflationistas”?

I have not been persuaded by Mish’s alternate framework. To be clear, I’m not arguing that Mish’s fans should abandon their hero. Rather, I will simply point out that Mish’s “calls” have not been nearly as prescient as he so often claims.

Stimulus Plan: $15000 Housing Credit

Recession not over till it’s over

The National Bureau of Economic Research says the worst recession since the 1930s that began in December 2007 ended in June 2009. Stock markets soared. But most Americans and Main Street businesses continue to suffer severely.

Tax Deduction For Homeowners

In brief: Index shows home price rise in June

In brief: Index shows home price rise in June

Davos Annual Meeting 2010 – CNBC The Next Global Crisis