Act NOW to save the American Dream: Home owners with incomes between $50K-$200K will see an average tax increase of $815 under the current plan!
On November 10, 2017
Congress is threatening tax incentives for homeowners, like the mortgage interest deduction and the state and local property tax deduction. These incentives are critical for a strong housing market that creates jobs and builds stable communities. Do not let tax reform become a tax increase for middle class homeowners.
In fact, under the current tax plan home owners with incomes between $50,000-$200,000 will have an average tax increase of $815! Meanwhile, renters with similar incomes will seen an average tax cut of $500. In fact, total tax incentives for home ownership drop by 82%…from $1.3 trillion to $282 billion. It’s a bad plan and Ohio’s REALTORS, with a few simple clicks, can tell their member of Congress to protect home ownership for the middle class.
Join Ohio REALTORS Vice President of Public Policy Scott Williams in this fight by Taking Action NOW!
Tags: politics, Your Association