$15,000 tax credit for homebuyers cut out of stimulus bill
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$15,000 tax credit for homebuyers cut out of stimulus bill

February 13, 2009 – 1:21 pm – No Comment

Sorry America, it looks like one of the best parts of the stimulus bill for everyday people was squeezed out while it was making the rounds in Congress.

The good news is that there is still a credit available. The figure, however, is a bit smaller. The new tax credit is $8,000 for first-time homebuyers.

Comments on other blogs such as the Consuerist are angry and sarcastic. Of course no one is happy about the loss of this part of the stimulus bill. Well, almost no one.

This guy has a lot to say about how he felt the tax credit was just an excuse for the wealthy to flip houses.

Jeremy
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