Home builders group raises hammer, tries to smash GOP tax bill

The following article by Damian Paletta was posted on the Washington Post website October 29, 2017:

Credit: Matthew Hull via morguefile.com

The National Association of Home Builders knows how to demolish things, and on Saturday it 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. Continue reading “Home builders group raises hammer, tries to smash GOP tax bill”