tax credit: Why I support extending and expanding the Home Buyer Tax Credit - 10/30/09 01:33 AM
First, this is a tax credit, not a cash payment. It's unlike a bailout to a bank, or even Cash for Clunkers where we as citizens wrote checks to take serviceable vehicles off the road. By taking part, buyers are keeping tax dollars out of Treasury hands, and I like that. A small distinction, I know, as the money will be made up somewhere.Second, it's estimated the median home sale generates about $63,000 of economic impact via ancillary services, purchases by buyer and seller, etc. That's a powerful engine to drive this recovery.
Third, first time buyers have been given the opportunity … (1 comments)

Matt Case (Coldwell Banker Schmidt Realtors)

Matt Case

Beulah, MI

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Coldwell Banker Schmidt Realtors

Address: 6919 Frankfort Hwy, Suite 100, Benzona, MI, 49616

Office: (231) 882-8000

Mobile: (231) 357-1609



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