The "Economic Stimulus Plan" is said to have tax breaks for people who buy a home and buy a new car.....
15,000 for a home, less for a new car.
Great, really that's great
there is a problem with this.
With the Credit crunch the way it is right now, who can afford to, or get credit to buy either of these items. I have heard that auto companies are also cracking down on who they do and do not give credit to.
So in light of the people that they do help, and if I heard the date right you had to buy a house after April 2008 to be eligible for the tax credit for a house. Is that correct, or was it before April 2008? No matter there are thousands of people who are not going to be able to even try to get a home because of their credit, or that they are loosing or already lost a home to foreclosure.
So in all seriousness what good do these tax credits/breaks do for us because we can't get credit.