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Nah. The first scenario, that $25K return on taxes

Posted on: August 31, 2024 at 09:28:32 CT
TigerMatt STL
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would not be spent on housing. The house would already be purchased with money I already had. It would free up money taken by the government
for future purchases, whether it is goods, services or investments.

The first scenario is just your own money earned anyway. A one time tax cut.

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




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