
Save the Mortgage Interest Deduction!
“Our initial analysis of your budget proposal forecasts home price declines and added damage to the broader economy because of reduced consumer spending, additional increases in foreclosures and additional increases in joblessness.”
February 26, 2009, Letter to President Obama
Charles McMillan, CIPS, GRI
2009 President, National Association of REALTORS®
This is not what Homeowners want to read right now. In this uncertain economy, home ownership must be protected.
The Mortgage Interest Deduction is the most important tax benefit of homeownership, yet the federal government has proposed taking it away, which will adversely impact the housing market and values in California.
C.A.R.’s Government Affairs Team and the REALTOR® Action Fund is fighting to save the Mortgage Interest Deduction. Your help is needed! A $49 investment will help educate, advocate and protect your interests. For the price of a slice of pizza each month, you can protect homeownership. C.A.R.’s bi-partisan REALTOR® Action Fund fights for Congressional incumbents and candidates who have protected your right to serve clients and sell real estate.
Critical to protecting homeownership and revitalizing the market is saving the Mortgage Interest Deduction. Please join with C.A.R.’s Government Affairs Team and the REALTOR® Action Fund and invest $49 today.
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