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If by tax credit, a dollar for dollar reduction in taxes
Posted on: August 31, 2024 at 08:19:39 CT
TigerMatt
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owed, then it is a positive step.
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Libs - do you think Harris' 25K tax credit for 1st time home
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90Tiger
STL
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8/31 08:10:56
If by tax credit, a dollar for dollar reduction in taxes
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TigerMatt
MISS
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8/31 08:19:39
RE: If by tax credit, a dollar for dollar reduction in taxes
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BH O'bonga
MU
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8/31 08:33:04
Let’s assume it is really a $25K payout called a tax credit.
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TigerMatt
MISS
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8/31 08:57:33
So by "positive step" you meant it will make housing
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phrejd
KC
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8/31 09:05:02
No. If it is a tax credit that just reduces taxes owed, then
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TigerMatt
MISS
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8/31 09:08:25
So it would be harder to buy a house
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phrejd
KC
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8/31 09:12:15
Two different scenarios. One, a tax credit that reduces
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TigerMatt
MISS
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8/31 09:17:45
Both will increase them(nm)
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tman
MU
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8/31 10:56:09
Nein. You are arguing that taxation is good to keep down
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TigerMatt
MISS
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8/31 11:21:36
Tax cuts put more money in people’s pockets
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haeffb
MU
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8/31 11:42:34
So increasing taxes is good because it will bring down the
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TigerMatt
MISS
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8/31 14:32:09
They both increase home prices, Matt (nm)
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phrejd
KC
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8/31 09:23:30
That's highly unlikely.
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tigerdb
MU
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8/31 12:28:28
Nah. The first scenario, that $25K return on taxes
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TigerMatt
MISS
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8/31 09:28:32