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Biggest Tax Hike for Home Owners Ever?

My last post was about an article I had just read about the housing bubble, or a decline in homebuilding and home buying throughout the U.S.We have had a lot of growth throughout the country and the housing industry has been great for the economy. I guess all the taxes collected on all of these new properties we all build, buy and sell are not enough. I just read an article this morning on the National Association of Home Builders website regarding a tax reform proposal that is called "Biggest Tax Hike for Home Owners Ever." This is just a tax reform proposal, but it is something we should all be concerned about.

View the entire article here:
http://www.nbnnews.com/NBN/issues/2005-11-07/Front+Page/index.html

 

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