Posts Tagged ‘home buyer tax credit’

Tennessee Senator Proposes Tax Credit for Home Buyers

Posted on: February 20th, 2008 by Kenneth Long No Comments

In a proposed bill co-sponsored by Senator Johnny Isakson of Georgia, Tennessee Senator Lamar Alexander wants Congress to provide tax credits of up to $15,000 over three years to those who buy new and foreclosed homes. Alexander pointed to a similar strategy used in the 1970’s to stimulate demand for home purchases. (more…)

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