The first time home buyer tax credit that was passed last week as part of the overall stimulus package is a joke. It’s only $500 more than the credit that was already available! Sure, it doesn’t have to be paid back now, but what is that going to stimulate?
The original $15,000 tax credit could have helped make a huge difference in the housing market, the economy as a whole, and in a lot of people’s lives. Everything I want to say but can’t has been said in forums and posts across the country. So instead of saying them myself and getting in trouble, please take a look at how outraged people are in LA.
Now, to be productive.
