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PETITION - 7500.00 TAX CREDIT- NOT TO BE REPAID TO IRS

Messages Sent So Far
If you were a first time homebuyer and bought a house between April 2008 and December 31, 2008, you were entitled to receive a $7,500 tax credit that MUST BE REPAID over a period of 15 years.

If you were a first time homebuyer bought a house on January 1, 2009 through Dec. 31, 2009 you were eligible for an $8,000 tax credit that DOES NOT HAVE TO BE REPAID.

This is NOT FAIR. We need to get congress to eliminate the requirement that the 2008 tax credit must be repaid.

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4,454 Public Comments So Far

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1 hour ago
Someone from Peyton, CO writes:
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Common sense here. Why wouldn't you grandfather in the 2008 credit and not require the repayment? Unbelievable.
5 hours ago
Someone from Huntsville, AL writes:
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Not fair to hard working people. I bought my home 12/31 so I could get the money and 1 day stands in the way of not having to pay this back! I feel taken advantage of!
9 hours ago
Marcel from San Antonio, TX signed.
1 day ago
Someone from Mebane, NC signed.
3 days ago
Someone from Raleigh, NC writes:
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Please stop this repayment
3 days ago
russell s. from Altoona, PA writes:
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Was happy to buy my first home not now!!! What a unfair scam!!! Should be we gotta pay they should to .give us back the money stolen by our government.
4 days ago
Someone from Richmond, VA writes:
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Get 7500 and have to repay it... but the very next year get 8k and don't have to repay... most unfair tax law I have seen. The window was 4 months i believe to get utterly screwed by the government. Either grandfather these people in or make everyone pay it back. Hell I AM PAYING FOR EVERYONE WHO GOT 8K ANYWAY as a taxpayer...
just now
Someone from Grand Rapids, MI writes:
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It's not fair that 2008 I, a single mom of 2, rushed the closing of the purchase on a new house to qualify for this $7,500 credit because it was ending at the end of the year. Only to find out that a few weeks later, they revamped it with a bigger credit ($8,000) and it does NOT have to be repaid. How is this fair to those that didn't procrastinate and yet have to pay back the full amount. In all fairness I feel this should be forgiven for those that received the $7,500 credit.
4 days ago
W T. from Powhatan, VA signed.
4 days ago
wayne l. from Payson, AZ writes:
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This is bull give credit to us and then a month later tell others that they don't have to pay it back but the month before has too thats not right what makes some of us better than others?