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Tax

MBA and NHC express support for housing provisions in GOP tax bill

Congress, House of Representatives, Housing Market, HWmember, Legislation, Mortgage Bankers Association, National Housing Conference, Tax, Tax Cuts and Jobs Act /

As the debate over tax reform continues to play out in Congress, housing organizations are lauding the housing provisions in the House of Representatives‘ Ways and Means Committee’s current tax proposal. The National Housing Conference (NHC) praised the housing provisions included in the current draft of the bill through a statement from David Dworkin, its […]

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House bill calls for bigger SALT tax breaks

Donald Trump, Homeownership, Housing Market, Politics, Regulatory, Tax, Trump administration /

The House tax committee is looking to raise the cap on the state and local tax deduction (SALT) and formally adopt several of President Trump’s campaign tax promises as part of a multi-trillion-dollar package, Republicans’ main legislative priority. The draft legislation, introduced by the tax-writing Ways and Means Committee in the House of Representatives on

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