PETITION - 7500.00 TAX CREDIT- NOT TO BE REPAID TO IRS
Public Comments (4,503)
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Nov 2nd, 2010Someone from Charlotte, NC signed.
Nov 1st, 2010Someone from Kent, WA signed.
Nov 1st, 2010Someone from Overland Park, KS signed.
Nov 1st, 2010Someone from Drexel Hill, PA signed.
Oct 31st, 2010Someone from Holiday, FL writes:
I bought my house in 2008 and now it's not even worth half of what I still owe on my mortgage. Homebuyers in 2009 recieved lower house prices and better interest rates, which not only makes their payments lower than 2008 homebuyers, but they are also not as upside down in their mortgage as the 2008 homebuyers. So the people who pay more on their mortgages and their house isn't even worth anything have to spend even more money paying back the IRS. That makes a lot of sense. It just puts more people in debt in this country and more time that the country will spend in a depression. Do something congress!!!Oct 29th, 2010Someone from Jeffersonville, IN signed.
Oct 27th, 2010Someone from Vail, AZ signed.
Oct 27th, 2010Someone from Willmar, MN signed.
Oct 27th, 2010Someone from Walker, MN signed.
Oct 26th, 2010Someone from Columbia, SC signed.
Oct 26th, 2010Someone from Gilroy, CA writes:
Its outrageous that this "credit" which was supposed to stimulate the economy did nothing but put us all into more debt. If I am lucky enough to make any gains at all on my home in 2011, all of it will go right back to the government. At least let us continue the 15 year repayment plan. What creditor changes their payment plan mid stream?REPORT COMMENTS
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No, CancelOct 26th, 2010Someone from Pompano Beach, FL signed.
Oct 25th, 2010Someone from Elyria, OH signed.
Oct 25th, 2010Someone from Jersey City, NJ writes:
As a homeowner whose house has depreciated nearly 20% from when I purchased in May 2008 I feel I should not have to repay the $7500 First Time Homebuyers Loan.REPORT COMMENTS
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No, CancelOct 25th, 2010Someone from Clearwater, KS writes:
It really upsets me that my kin purchased a house in January and they dont have to pay it back. I am a single income family and it would greatly help out my financial situation if i didnt have to pay it back.REPORT COMMENTS
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No, CancelOct 24th, 2010Someone from Condon, OR writes:
Not only is this so called tax credit unfair, it may be against the law. All citizens of the U.S. are entitled equal treatment under the law. (Including tax law) This is a type of discrimination that favors one group over another. To make this fair the government only has two options, either make the previous tax credit (from 2008) a true credit and not require it to be repaid, or require those that received a first time homeowner credit in 2009-10 to repay their credit at the same rate. How many of us rushed to buy our homes in 2008 because we were told the credit would end? I know I could have waited 3 weeks, but I didn?t have the insider information. This would make for an interesting class action suit, any lawyers out there?REPORT COMMENTS
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No, CancelOct 24th, 2010Someone from Vernon, NJ signed.
Oct 24th, 2010Someone from Vernon, NJ signed.
Oct 24th, 2010Someone from Brighton, CO signed.
Oct 24th, 2010Someone from Albemarle, NC writes:
totally unfair. and to recapture the full amount owed in one year is absurd.REPORT COMMENTS
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No, CancelOct 24th, 2010Someone from Brighton, CO signed.
Oct 24th, 2010Someone from Brighton, CO signed.
Oct 24th, 2010Someone from Brighton, CO signed.
Oct 23rd, 2010Someone from Windsor, CT writes:
Why did the U.S. Govt call it a "tax credit" if all along it was really just a "tax loan". If the 2008 law was amended and improved for 2009, it should reflect to those who purchased homes in 2008 also. Either all pay or no one pays. "We will give you $500 more and you don't have to pay it back" just doesn't make since.REPORT COMMENTS
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No, CancelOct 22nd, 2010Someone from Beaumont, TX signed.
Oct 22nd, 2010Someone from Farmington, MI signed.
Oct 22nd, 2010Someone from Novi, MI signed.
Oct 22nd, 2010Someone from Novi, MI writes:
Please don't make us repay, people who bought in 2009 were spared, so why not spare us too. Its not Fair...REPORT COMMENTS
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No, CancelOct 22nd, 2010Someone from Saint George, UT signed.
Oct 22nd, 2010Someone from Washington, UT signed.
Oct 21st, 2010Someone from Clayton, NC signed.
Oct 21st, 2010Someone from Chantilly, VA signed.
Oct 20th, 2010Someone from Coeur D Alene, ID signed.
Oct 20th, 2010Someone from Southgate, MI signed.
Oct 20th, 2010Someone from Schofield, WI writes:
As if the $8,000 not having to be repaid isn't enough, the $6,500 that they gave to people who upgraded their house was a real kick between the legs. I work with a guy that owns 23 rental properties and just sold his house to move into a $475,000 pad. Yeah he got a free and clear check from the gov for $6,500 for upgrading. Can somebody please tell me how they could get things more wrong than that? How do you take the people that are doing great and can afford to upgrade their house as opposed to lose their house, and give them free money? Hmm, I think there are a few others out there that could use the help a little more.REPORT COMMENTS
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No, CancelOct 20th, 2010Someone from Cape Coral, FL writes:
Why should we have to pay back when anyone 2009 up gets free money? I bought Dec 2008. Give us a break or make everyone repay, R.A. Fl.REPORT COMMENTS
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No, CancelOct 20th, 2010Someone from Saint Petersburg, FL writes:
Please act now... this is just putting more pressure on those of us who bought our homes in 2008 and are going more and more underwater each day.REPORT COMMENTS
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