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Based on bumper stickers seen on contractor pickup trucks at my local FL Home Depot and Lowes stores, construction workers were firmly in the trump camp.
But the GOP tax bill does away with tax deductions for owning a home, and recently the House tax committee reneged on a deal with the National Home Builders Association to offset those lost deductions for homeowners, with a tax credit.
The Home Builders are going to work to kill this tax plan.
Do construction workers understand that this GOP tax plan will result in fewer home sales and hurt their pay checks?
The National Association of Home Builders know how to demolish things, and on Saturday they decided to take on a new project — the House Republican tax bill.
That’s because one day before, House Ways and Means Committee Chairman Kevin Brady (R-Tex.) informed NAHB that he would not be including a homeownership tax credit as part of the new tax legislation, which will be released on Wednesday.
NAHB’s chief executive, Jerry Howard, had spent months working on this new tax provision with Brady’s aides, but House leaders wouldn’t allow its inclusion, Howard was told. The next day, Howard and other NAHB officials gathered on a conference call and debated what to do. They agreed unanimously — kill the bill.
Based on bumper stickers seen on contractor pickup trucks at my local FL Home Depot and Lowes stores, construction workers were firmly in the trump camp.
But the GOP tax bill does away with tax deductions for owning a home, and recently the House tax committee reneged on a deal with the National Home Builders Association to offset those lost deductions for homeowners, with a tax credit.
The Home Builders are going to work to kill this tax plan.
Do construction workers understand that this GOP tax plan will result in fewer home sales and hurt their pay checks?
The Home Builders are going to work to kill this tax plan.
So construction workers are suppose to rip their Trump stickers off their trucks because of a plan that is yet to be made public?
I am not a Trumpie or construction worker but getting rid of all these deductions put in by lobbyists is fine by me. If a better economy because of the tax cuts makes it possible for more people to buy homes then we could have a simpler tax code and strong home sales.
We have this horribly complicated tax code because every lobbying group like the home builders wants get their special cut. That has to change.
Every construction trade where I live is 99% illegals.
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