6
Jan
California $10K Home Buyers Credit Proposed
Sacramento, California
Today Gov. Arnold Schwarzenegger announced that the California budget was 21 BILLION in the red. One would think that with this horrible news, the state would look at ways to reduce or in the very least, cap spending. Maybe I’m just being too logical, because practically in his next breath, Schwarzenegger proposed the adoption of a new home buyer tax credit for California taxpayers.
Last year California had a $8,000 new home buyers credit. Now with a much larger deficit, the Governator has upped the credit to $10,000! Read more 