It’s no secret that the U.S. government needs to get its income in line with its expenses.
However, there's a proposal in Congress called the "Blank Slate" that would eliminate all your tax deductions, credits and exemptions.
Sure, our tax code can use some reforming, but the “Blank Slate” approach may eliminate fundamental tax programs such as your mortgage interest deduction, capital gains on the sale of your home, and more. These possible changes could reduce the value of your home and take money out of your family’s pocket.
So stand with other homeowners, and tell Congress not to reform taxes at your expense.
The housing industry is beginning to recover. But possible changes to the tax code could set the housing market back. This could affect not just me and my home but also potential homeowners, my community and our recovering economy.
While something must be done about tax reform in America, it must not be done at the expense of homeowners. That’s why I’m joining others to let you know that home ownership matters!