By Laurence M. Vance
April 25, 2024
In his state of the union address, President Biden expressed his desire for a $400 a month tax credit over two years for first time home buyers. I have argued for years that tax credits are a good thing, and still maintain that they are a good thing. Yet, I am leery of Biden's tax-credit proposal.
Biden's proposal was one of several relating to housing:
I know the cost of housing is so important to you.