Democrats introduce 15K first-time homebuyer tax bill

A couple of Democratic Party Congressmen have introduced a new tax bill called the “First-Time Homebuyer Act” that will, if passed, provide a tax credit for first-time home buyers of up to 10% of the purchase price of their new home, or $15,000. The bill, proposed by representatives Earl Blumenauer (D-OR) and Rep. Jimmy Panetta,

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