Feb 6
The Senate on Wednesday unanimously approved a proposal by Georgia
Republican Sen. Johnny Isakson that would give a $15,000 tax break to
anybody who buys a house by the end of the year.
The proposal, the latest addition to the still-growing economic stimulus
bill that has reached nearly $900 billion, is seen by supporters as a
much-needed shot in the arm for the ailing housing industry. Housing
industry leaders immediately cheered its passage.
“A $15,000 tax credit … is a pretty huge savings,” said Steven Fischer,
president of the Georgia Association of Realtors, one of many housing
industry groups that has been pushing for the program. “We feel like that
will really help get people off the fence and help them make a move.”
Republican Sen. Johnny Isakson that would give a $15,000 tax break to
anybody who buys a house by the end of the year.
The proposal, the latest addition to the still-growing economic stimulus
bill that has reached nearly $900 billion, is seen by supporters as a
much-needed shot in the arm for the ailing housing industry. Housing
industry leaders immediately cheered its passage.
“A $15,000 tax credit … is a pretty huge savings,” said Steven Fischer,
president of the Georgia Association of Realtors, one of many housing
industry groups that has been pushing for the program. “We feel like that
will really help get people off the fence and help them make a move.”
1 response to “Help On The Way For All Homebuyers”
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Mar 28, 2009 at 11:42 AM Nice article! very informative.