NAR Jumps into Tax Reform Fight; MBA Holds the Towel

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Posted To: MND NewsWire

While the National Association of Home Builders (NAHB) was fast out of the box yesterday, slamming the newly released Republican tax reform proposal, the National Association of Realtors® (NAR) issued a statement merely acknowledging release of the bill and saying it needed time for a review. It didn’t take long. Before the close of business yesterday it released a statement from its President William E. Brown calling the proposed bill “a tax increase on middle-class homeowners” one that “threatens home values and takes money straight from the pockets of homeowners.” Brown continued, “Realtors® believe in the promise of lower tax rates, but this bill is nowhere near as good a deal as the one middle-class homeowners get under current law. Tax hikes and falling home prices are a one-two…(read more)

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