[quote=electric319]One does not have to be a Pigg to read the posts here, just to post a respoonse. My point is in reference to fiscal conservatives who are in favor of policies and programs that benifit the well-heeled and investor class but anything that benifits working class stiffs incites moral outrage and claims of socialism. Investors pay only 15% on capital gains… what’s wrong with a little tax credit for first time home buyers?[/quote]
I’m in agreement with some of your views but, on tax credit, I believe your logic is flawed. The tax credit doesn’t help those looking to buy a house. It helps those looking to sell. The credit has created artificial demand, which creates an artificial price floor.
