Tag Archives: tax break

The stimulus package is growing larger by the day in the Senate, where the addition of a new tax break for homebuyers sent the price tag well past $900 billion. “It is time to fix housing first” said the Republican Senator from Georgia Wednesday night as the Senate agreed without controversy to add the new tax break to the stimulus measure, at an estimated cost of nearly $19 billion. The tax break was the most notable attempt to date to add help for the crippled housing industry. In the meantime, … Continue reading →