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Realtors® Oppose Tax Plan to Limit Mortgage Interest Deduction, Real Estate Provisions

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WASHINGTON (February 26, 2014) – The following is a statement by National Association of Realtors® President Steve Brown:

“NAR supports reforms that promote economic growth, but we strongly oppose severely altering the rules that govern ownership and investment in real estate. Real estate powers almost one-fifth of the U.S. economy, employs more than 17 million Americans, and contributes a quarter of all federal and state tax revenue and as much as 70 percent of local taxes.

“We are extremely disappointed with several of the provisions contained… Read More

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