Homebuyer Tax Credit Was a Swindle - The American Spectator | USA News and Politics
Homebuyer Tax Credit Was a Swindle

Brett Arends at MarketWatch makes a great catch: if you participated in the Obama homebuyer tax credit program, you have likely now lost more in the value of the house than the $8,000 the credit was worth. Basically, the credit was a $26 billion swindle perpetrated on people looking to buy houses. It lined the pockets of real estate agents and lawyers, while doing nothing for the housing market, hurting individual buyers, and widening the deficit. 

Sign Up to receive Our Latest Updates! Register

Notice to Readers: The American Spectator and Spectator World are marks used by independent publishing companies that are not affiliated in any way. If you are looking for The Spectator World please click on the following link: https://spectatorworld.com/.

Be a Free Market Loving Patriot. Subscribe Today!