Is it true that Congress is considering raising the buyer tax credit from $8K to $15K?
The answer is three fold. Congress wants to not only raise the 8K credit for 1st time homebuyers to $15K, but they want to make it available to all buyers, not just 1st time homebuyers. Additionally, they also want to provide homeowners that refinance with a $3K credit. They feel this will greatly help the economy.
Related Questions
- How is this home buyer tax credit different from the tax credit that Congress enacted in July of 2008? How is this different than the rules established in early 2009?
- How is this home buyer tax credit different from the tax credit that Congress enacted in early 2009?
- Is it true that Congress is considering raising the buyer tax credit from $8K to $15K?