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Senate Votes To Give $15,000 Tax Break

The Senate voted this week to give a $15,000 tax break to homebuyers in an effort to stimulate the economy and revitalize the housing industry. The proposed bill would allow homebuyers a 10% tax credit, up to $15,000 on the value of a new or existing home purchase. The current law allows for a $7,500 tax break only for first time homebuyers.

Posted by Terri & Ronald -THE REAL McCOYS on 02/08/2009 07:41 AM

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$15,000 Homebuyer Tax Break in the Real Estate Market Channel

15000 tax credit, tax break, homeowners, president barack obama, senate

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Terri & Ronald -THE REAL McCOYS

Dallas, TX

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