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Tag Archives: Tax Reform

Senate Budget Committee Approves Republican Tax Bill

The Senate Budget Committee approved the Republican tax bill Tuesday afternoon, clearing another hurdle for the legislation and putting it on track for a full Senate vote. The vote came after Democratic leaders Nancy Pelosi and Charles Schumer pulled out of ...

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How Could Tax Reform Hurt the Housing Market?

Tax reform is one of the major ticket items on the current administration’s agenda, a measure that Congress hopes to tackle now that they are back from summer recess. However, two groups of professionals in the housing industry could stand to lose.

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Study: Tax Reform Will Increase Homeownership Burden

A national study has suggested the current White House plan for tax reform will increase taxes for middle-class homeowners. Families with adjusted gross incomes between $50,000 to $200,000 could see an average annual increase of $815 on their federal income taxes. As federal tax deductions are one of the main incentives for homeownership, it is imperative for organizations in the industry to remain vigilant in working with Congress to draft tax reform that promotes owning a home.

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