Senate approves $15,000 tax credit for homebuyers

Great, another potentially how many pages of bloated bureaucratic stuff for the tax code? And how can the taxpayers who've already filed for 08 take advantage of this? Or, is it for the 09 taxes, will it wait till next year thus negating jumpstarting anything?

Those who support the income tax in it's current form are either corrupt politicians, or simply too stupid to be allowed to breed.
 
So 15,000.00 tax credit for homebuyers?

Questions?
1. Does one have to have to have income or money to buy these homes?
2. Does one actually have to have a job to buy these homes?
3. Does one actually have to have a credit score to buy these homes?

Or are we back to giving anyone with a heart beat a mortgage loan guaranteed by the American taxpayer, now with a $15,000 tax credit?
 
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So 15,000.00 tax credit for homebuyers?

Questions?
1. Does one have to actually qualify for these home loans?
2. Does one actually have to have a job to buy these homes.
3. Does one actually have to have a credit score to buy these homes?

Or are we back to giving anyone with a heart beat a mortgage loan backed by the American taxpayer, now with a $15,000 tax credit?

Obviously if one did not have an income one would not need or be able to use a $15,000.00 tax credit.

The question should be how many individuals actually have to pay $15,000.00 in income taxes a year?

It's more bs from the congressional math magicians.
 
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so now, when does the crying begin that its not helping enough people and that EVERYONE should get a $15K tax credit?
 
Make up your own caption...

george-bush-and-nancy-pelosi.jpg
 
So 15,000.00 tax credit for homebuyers?

Questions?
1. Does one have to actually qualify for these home loans?
2. Does one actually have to have a job to buy these homes.
3. Does one actually have to have a credit score to buy these homes?

Or are we back to giving anyone with a heart beat a mortgage loan backed by the American taxpayer, now with a $15,000 tax credit?

Obviously if one did not have an income one would not need or be able to use a $15,000.00 tax credit.

The question should be how many individuals actually have to pay $15,000.00 in income taxes a year?

It's more bs from the congressional math magicians.


Well, I think they need to clarify this before they start handing out more of our dollars, don't you?

The way they ran Fannie/Freddie is what got us into this mess in the first place. And in fact, mortgage money was given out to people who only needed to have a heart beat to qualify--which was backed by the American taxpayer.

Not many people pay $15,000 per year in income taxes. So that would mean that this would be a year after year until their $15,000 tax credit is used up.

Or does the liberal wing--"everyone deserves homeownership" jump in here & go back to lending mortgage money to people who do not qualify & then hand them a tax "rebate" check in the amount of $15,000?

After what we have witnessed our government doing, that would not surprise me in the least.
 
No one is loaning money to people who don't qualify.

That won't happen any time soon.
 

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