Wednesday, February 6, 2008

Homesteaders Tax Credit Flip Flop?

The Sun reports that Sen. Edward J. Kasemeyer, a Howard County Democrat and the Maryland Senate majority leader, has sponsored a bill to repeal the recently enacted law that forces homeowners to apply for a tax credit they used to enjoy automatically. This would be good news for homeowners, also for those "bad apples" who own multiple properties (real estate investors) and try to get the tax credit on more than the house they live in.

Kasemeyer said that the effort to weed out tax cheats was well-intentioned. But doing it now is "bad timing," he said, given the many Marylanders' struggle to cope with rising costs of various types and homeowners' complaints about the applications.
Full story here:

http://www.baltimoresun.com/news/local/politics/bal-md.tax31jan31,0,191067.story


Call your public officials in support of the repeal!

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