To: lainie
It isn't just that this doesn't help the sellers of existing homes. With that tax break it directly hurts the sellers of existing homes.
This is at the same time taxpayers can expect IOUs instead of tax refunds from the state.
4 posted on
02/25/2009 10:13:24 PM PST by
USNBandit
(sarcasm engaged at all times)
To: USNBandit; DB; dragnet2; BurbankKarl; EveningStar
Exactly. Anybody selling an existing home in California now has to compete with this $10,000 tax break for the new homes. Essentially the value of already-stressed real estate in CA just went down by $10,000/house.
BLATANT.
HANDOUT.
TO.
DEVELOPERS.
6 posted on
02/25/2009 10:19:08 PM PST by
lainie
(The US congress is full to the brim of absolutely disgusting thieves who deserve humiliating ouster.)
To: USNBandit; ElkGroveDan; calcowgirl
"With that tax break it directly hurts the sellers of existing homes."That's a fact, Jack! And that would include me!! Ashburn was once a good and decent human being!!!
7 posted on
02/25/2009 10:29:44 PM PST by
SierraWasp
(Remember THIS!!! Government doesn't have ANY money!!! (of it's own) I'm in contempt of CONgress!!!)
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