NAR rails against Trump’s initial tax reform plan

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Nar President Bill Brown

Although hailed by the White House as the “biggest tax cut” in history, President Trump’s tax plan was met with fervent criticism from the National Association of Realtors.

“By doubling the standard deduction and repealing the state and local tax deduction the plan would effectively nullify the current tax benefits of owning a home,” said then-NAR President Bill Brown, a sentiment that was echoed until the finalization of the tax plan in December.