Buying house for first time? Uncle Sam has a gift
Buying house for first time? Other taxpayers are being extorted under threat of imprisonment to provide your downpayment
The amazing thing is that this story confirms that those who get the tax credit simply pocket the returns as they go about purchasing a home as they had intended to do without the credit.
Combine this development with rifle-shot, ex post facto, punitive tax bills from Congress and our tax code is being distorted and perverted as never before. And that is saying quite a lot.
