Senate approves $15,000 tax credit for homebuyers

[Chris]

Praise Jesus!

The Associated Press: Senate approves $15,000 tax credit for homebuyers

 

[alan1]

Praise Jesus!

The Associated Press: Senate approves $15,000 tax credit for homebuyers

I need to sell my house to my daughter, then have her sell it back to me, then sell it back to her, then buy it back, etc etc. If we do this often enough we will both be rich, and have a free house.

 

[Amanda]

Praise Jesus!

The Associated Press: Senate approves $15,000 tax credit for homebuyers

I need to sell my house to my daughter, then have her sell it back to me, then sell it back to her, then buy it back, etc etc. If we do this often enough we will both be rich, and have a free house.

OMG, would that work?

 

[alan1]

Praise Jesus!

The Associated Press: Senate approves $15,000 tax credit for homebuyers

I need to sell my house to my daughter, then have her sell it back to me, then sell it back to her, then buy it back, etc etc. If we do this often enough we will both be rich, and have a free house.

OMG, would that work?

Wanna get in on trading houses?

 

[RodISHI]

I need to sell my house to my daughter, then have her sell it back to me, then sell it back to her, then buy it back, etc etc. If we do this often enough we will both be rich, and have a free house.

OMG, would that work?

Wanna get in on trading houses?

Is that like trading reps and thank you?

Can we pin your ears back?

 

[alan1]

OMG, would that work?

Wanna get in on trading houses?

Is that like trading reps and thank you?

Can we pin your ears back?

No

and

No

 

[RodISHI]

Party pooper.

 

[pegwinn]

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.

 

[oreo]

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?

 

[DiveCon]

Praise Jesus!

The Associated Press: Senate approves $15,000 tax credit for homebuyers

I need to sell my house to my daughter, then have her sell it back to me, then sell it back to her, then buy it back, etc etc. If we do this often enough we will both be rich, and have a free house.

OMG, would that work?

highly doubtful

 

[del]

Praise Jesus!

The Associated Press: Senate approves $15,000 tax credit for homebuyers

even a slug like you should be able to sell the odd doublewide under these conditions.

 

[RodISHI]

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.

 

[DiveCon]

Praise Jesus!

The Associated Press: Senate approves $15,000 tax credit for homebuyers

even a slug like you should be able to sell the odd doublewide under these conditions.

 

[DiveCon]

so now, when does the crying begin that its not helping enough people and that EVERYONE should get a $15K tax credit?

 

[xsited1]

Praise Jesus!

The Associated Press: Senate approves $15,000 tax credit for homebuyers

The Democrats agreed with the Republicans. Good thing Pelosi is in the House.

 

[Chris]

Make up your own caption...

 

[oreo]

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.

 

[Chris]

No one is loaning money to people who don't qualify.

That won't happen any time soon.

 

[DiveCon]

No one is loaning money to people who don't qualify.

That won't happen any time soon.

how can you be so sure of that?
its happened before

 

[Epsilon Delta]

Socialists!