re: #263 reuven

If there was some “small business” tax credit that had a 50% fraud rate, they’d be trying to legislate it out of existence. Obama and Democrats in Congress want to make changes to the—currently legal—way “S” corporations are taxed. (See the “H.R. 4213, the American Jobs and Closing Tax Loopholes Act of 2010”. ) Yet a tax _credit_ that has a 50% fraud rate, they’re all fine with. I just don’t get it.

The extension is only for those who signed purchase agreements by April 30. It is just an extension for closing date, not an across the board extension of the program.