Comments on: Update On the Final Version Of The 2009 Economic Stimulus Plan http://www.moneycrashers.com/update-on-the-final-version-of-the-2009-economic-stimulus-plan/ Personal Finance Blog, Your Guide to Financial Fitness Thu, 09 Feb 2012 20:13:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: authorhttp://www.moneycrashers.com/update-on-the-final-version-of-the-2009-economic-stimulus-plan/#comment-6451 author Fri, 13 Feb 2009 20:52:38 +0000 http://www.moneycrashers.com/?p=744#comment-6451 Mark, you are right. When this published, the FINAL version had not been out yet. I will make the correction, thanks! It used to be a zero interest loan, but when this package is signed into law by the president, it will become $8,000 tax CREDIT Mark, you are right. When this published, the FINAL version had not been out yet. I will make the correction, thanks!

It used to be a zero interest loan, but when this package is signed into law by the president, it will become $8,000 tax CREDIT

]]> By: markhttp://www.moneycrashers.com/update-on-the-final-version-of-the-2009-economic-stimulus-plan/#comment-6450 mark Fri, 13 Feb 2009 20:34:20 +0000 http://www.moneycrashers.com/?p=744#comment-6450 Its a 8000 credit, not a loan. No repayment. See page 24 on the second half of the bill section 1006. Its a 8000 credit, not a loan. No repayment.
See page 24 on the second half of the bill section 1006.

]]> By: Dalhttp://www.moneycrashers.com/update-on-the-final-version-of-the-2009-economic-stimulus-plan/#comment-6445 Dal Thu, 12 Feb 2009 20:16:52 +0000 http://www.moneycrashers.com/?p=744#comment-6445 There WAS a provision, now axed, that would have created a tax deduction for interest paid on car loans. Now, the final version at least allows for a tax deduction for sales and excise tax paid if you purchased a car within the specified time frame(s). There WAS a provision, now axed, that would have created a tax deduction for interest paid on car loans. Now, the final version at least allows for a tax deduction for sales and excise tax paid if you purchased a car within the specified time frame(s).

]]>