October 2, 2017 - LOS ANGELES – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) last week issued the following statement in response to Republican leaders’ tax reform plan announced on Wednesday:

CAR logo“The tax reform proposed by the Republican leadership will eliminate the incentive for people to buy homes, shrink the middle class, and raise taxes on hundreds of thousands of California homeowners,” said C.A.R. President Geoff McIntosh. “The doubling of the standard deduction, coupled with the elimination of state and local tax deductions, such as property taxes, will adversely impact California and its housing market. The average California homebuyer could end up paying $3,000 more a year in taxes under today’s proposal.” 

“Homeownership has and continues to be the best way for families to grow wealth and increase the middle class. Congress should look at ways to incentivize and increase homeownership rates, not increase taxes on families wanting to buy a home.” 

“Any change that would make homebuying less attractive will be detrimental to the housing industry and the nation’s economy because of the 2.5 million private-sector jobs created by the industry in an average year,” said McIntosh.
Leading the way…® in California real estate for more than 110 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States with more than 190,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.
Source: C.A.R.
Solar
'Click' For More Info: 'Chocolate Soup', Fine Home Accessories and Gifts, Located In Mariposa, California
'Click' For More Info: 'Chocolate Soup', Fine Home Accessories and Gifts, Located In Mariposa, California
'Click' For More Info: Laura Lee’s Auto Sales in Mariposa… “I can find any car you want!”
'Click' For More Info: Laura Lee’s Auto Sales in Mariposa… “I can find any car you want!”
'Click' Here For All Creatures Veterinary Hospital in Mariposa, CA
'Click' Here For All Creatures Veterinary Hospital in Mariposa, CA
‘Click’ for Mariposa Auto Trim: Get Your Glass Repaired or Replaced at ‘Mariposa Auto Trim’ in Mariposa, California
‘Click’ for Mariposa Auto Trim: Get Your Glass Repaired or Replaced at ‘Mariposa Auto Trim’ in Mariposa, California
'Click' For More Info: ‘California State Mining & Mineral Museum’ Located in Mariposa, California
'Click' For More Info: ‘California State Mining & Mineral Museum’ Located in Mariposa, California
'Click' For More Info: ‘Mariposa Museum & History Center’ Located in Historic Mariposa, California
'Click' For More Info: ‘Mariposa Museum & History Center’ Located in Historic Mariposa, California
'Click' For More Info: Foster Ace Hardware...the Helpful Place for All your Home and Hardware Needs In Mariposa, California
'Click' For More Info: Foster Ace Hardware...the Helpful Place for All your Home and Hardware Needs In Mariposa, California
'Click' For More Info: Sugar Pine Café Located in Historic Mariposa, California
'Click' For More Info: Sugar Pine Café Located in Historic Mariposa, California
'Click' For More Info: Inter-County Title Company Located in Mariposa, California
'Click' For More Info: Inter-County Title Company Located in Mariposa, California
'Click' For More Info: Butterfly Creek Winery Located in Mariposa, California
'Click' For More Info: Butterfly Creek Winery Located in Mariposa, California
'Click' here to visit Happy Burger Diner in Mariposa... "We have FREE Wi-Fi, we're Eco-Friendly & have the Largest Menu in the Sierra"
'Click' here to visit Happy Burger Diner in Mariposa... "We have FREE Wi-Fi, we're Eco-Friendly & have the Largest Menu in the Sierra"
*New Link* 'Click' here for more info! Host a party to earn FREE Scentsy or place an order to support a local businesswoman. Thank You!
*New Link* 'Click' here for more info! Host a party to earn FREE Scentsy or place an order to support a local businesswoman. Thank You!
'Click' Here to Visit: 'Yosemite Bug Health Spa'... "We provide a beautiful and relaxing atmosphere... Come in and let us help You Relax"
'Click' Here to Visit: 'Yosemite Bug Health Spa'... "We provide a beautiful and relaxing atmosphere... Come in and let us help You Relax"