Profile picture for sellbuysell

Did congress throw the $15000 tax credit out of the bill?

  • February 11 2009 - Aiken
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    0Yes

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Answers (6)

Profile picture for natewolf
Yes. But there is an $8000 Tax Rebate instead.

READ ABOUT IT: CLICK HERE.

  • February 28 2009
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Profile picture for mdand1
At least the original credit doesnt have to be repaid now, from WSJ:

"A $35 billion tax credit to support home sales was being jettisoned in favor of a more modest $2 billion to $3 billion proposal that would eliminate the repayment requirement in the existing $7,500 tax credit for first-time homebuyers."
  • February 11 2009
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Profile picture for Mark75NYC
Yes - the 15K tax credit is dead.
  • February 11 2009
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Profile picture for opticflashback
yeah, it looks like they threw it out to stay under budget.
  • February 11 2009
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Profile picture for sunnyview
The bill still looks like it lets you deduct the sales tax on your new car purchase though. Not much of an incentive for home buyers.
  • February 11 2009
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Profile picture for SlickPoetry
it looks like they have, yes

but who knows what tomorrow brings. Until the bill is actually signed into law by Obama, we won't know what it contains.
  • February 11 2009
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