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tax credit: $15,000 Tax Credit for Homeowners Doesn't Make the Cut - 02/11/09 06:50 PM
Laws are like sausages, it is better not to see them being made ~~ Otto Von Bismarck
 
The House and Senate reached an accord on the economic stimulus package this afternoon. The package was whittled down to $789 billion, significantly less that the $838 billion proposed by the Senate version and the $819 billion House version.One of the provisions that did not make the cut was the $15,000 tax credit for homeowners proposed by Georgia Senator Johnny Isakson. The overall cost of the credit would have been $35 billion. In its place, a more modest proposal will eliminate the repayment requirement … (12 comments)

tax credit: 2008 Tax Breaks for Homeowners - 02/11/09 10:15 AM
Of course the truth is that the congresspersons are too busy raising campaign money to read the laws they pass.  The laws are written by staff tax nerds who can put pretty much any wording they want in there.  I bet that if you actually read the entire vastness of the U.S. Tax Code, you'd find at least one sex scene ("'Yes, yes, YES!' moaned Vanessa as Lance, his taut body moist with moisture, again and again depreciated her adjusted gross rate of annualized fiscal debenture").  ~Dave Barry Tax time...that least wonderful time of the year. I am not a tax-expert … (6 comments)

tax credit: STATUS UPDATE: $15,000 TAX CREDIT FOR HOMEOWNERS - 02/10/09 06:15 AM
Last night, the Senate voted the eoncomic stimulus bill forward with the $15,000 tax credit for homeowners still intact. 
After a final vote today, the Senate will send the bill over to the House. Final passage of the bill faces a bumpy ride in the House, as the Senate version contains $110 billion more in tax cuts than the previous House version.
Please call your House representative to let them know that you support the $15,000 tax credit. 
The National Association of Home Builders Legislative Hotline  -  1-866-924-6242 -  has made it ridiculously easy to do just that.
Call...Now...No, really, now...I'll wait...
… (17 comments)

tax credit: PROPOSED $15,000 TAX CREDIT FOR HOMEOWNERS IN JEOPARDY!! - 02/09/09 06:08 PM
As the Senate prepares to take a final vote on the economic stimulus package, there has been talk of trimming the $15,000 tax credit for homeowners that was proposed last week. Let your elected officials know where YOU stand on the issue. The National Association of Home Builders Legislative Hotline - 1-866-924-6242 - makes it as easy as pushing a few buttons to do just that. Call the number, enter your zip code when prompted, and you are immediately given the option to leave a message with each of your two senators and your representative in Congress. I would urge each of … (9 comments)

tax credit: Senaor Isakson proposes $15,000 Tax Credit for Homeowners - 02/05/09 09:33 AM
In an effort to jump-start a housing market that's in precipitous decline, Senator Johnny Isakson, Republican of Georgia, sponsored an amendment to the economic stimulus package that is making its way through Congress. Under Isakson's provision, homeowners would receive a tax credit of up to $15,000 for any home purchased as a primary residence and would be in effect for one year after the stimulus bill is signed into law. By a voice vote of the Senate, the amendment was accepted unanimously. 
The tax credit would allow home buyers to receive a tax credit of 10 percent of the price of a primary residence, … (12 comments)

 
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Kim Southern - Blue Ridge Real Estate

Blue Ridge, GA

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Century 21 Professional Realty Group

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