Personal Finance Blog By MoneyRates - Tax
Huge Tax Credit Proposed For Homebuyers
March 12, 2009
There's a new idea floating around Washington which will like get a ton of support from assorted bankers, real estate brokers, mortgage lenders and home builders. The idea is very simple: Give everyone who buys a home a tax credit equal to 10 percent of the purchase price but not more than $15,000. New Law It's called H.R. [...]
Why Tax-Exempt Investments Are No Longer So Exciting
March 4, 2009
It used to be that there was a difference between investments with taxable dividends and those which were not taxable. If your tax bracket was high enough, tax-exempt investments made real financial sense. For instance, back in the 1950s and 1960s the federal income tax rate was as high as 91 percent for earnings over $400,000. [...]
Uncle Sam Offers Huge Credit For First Time Home Buyers
February 26, 2009
The government will give a tax credit of up to $8,000 for many first-time home buyers in 2009. Is this a good deal? You bet.
