Tax Stimulus Report Card: Gentleman's C

I'd give it less than that.

My beef? The proposed homebuyer's credit was gutted. The original proposal allowed a $15,000 credit for all homebuyer's that wasn't paid back. (The current law was a $7,500 credit for first time home buyer's, paid back over 10 years.) Now it's an $8,000 credit, back to first timers, but no payback time.

Well, I should be grateful. But Congress, and the President, missed an opportunity to radically transform the Tax Code. Live with it.