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NAHB Revises

Policy as Tax

Reform Debate

Heats Up

NAHB unanimously voted to revise its policy
regarding the nation’s tax code in light of recent
discussions on tax reform between congressional
leadership and the Trump administration.
The vote by the Executive Board gives NAHB
greater flexibility as the tax debate unfolds and
stakeholders seek consensus to shape a tax code The tax policies that NAHB
that best serves the nation’s consumers and small is promoting includes:
businesses.
“This is the first time in NAHB’s 75-year history that • A homeownership tax incentive.
we have been open to the idea of broader options • The low-income housing tax
regarding housing tax incentives,” said NAHB credit, along with additional
Chairman Granger MacDonald. “Now is the time resources to meet the affordability
to reform tax policy, and housing will not be left
behind in this process.” crisis.
NAHB supports a tax system that is simple and fair, • Tax incentives for remodeling,
and that promotes greater housing opportunity for including energy efficiency tax
Americans across the economic spectrum. credits.
“Tax policy is key to homeownership, affordable
rental housing, business success and job creation,” • The exlusion of capital gains on
MacDonald said. “That’s why NAHB will be fully the sale of a principal residence.
engaged in this debate and pushing for innovative
solutions that bring a better policy environment for • Business interest deductions for
American enterprise and lasting prosperity for our small businesses.
nation’s people.” NAHB OCTOBER 2017

14 NOVEMBER 2017 | GREATER SAN ANTONIO BUILDERS ASSOCIATION