The bill — Helping our Middle - Income Earners (HOME) Act --» recognizes that millions
of middle class homeowners are struggling to keep up with rising household expenses like child care, college tuition, health care, mortgage and community assessments,» Eshoo says.
Share and promote our ad on Tax Reform, launched in Capitol Hill publications on September 26, 2017: «Congress: Reform our tax code and
protect middle class homeowners.»
Richard Syron, CEO and Chairman of the Federal Home Loan Mortgage Corporation — or «Freddie Mac» — says «more than a dozen years of sustained growth in housing prices have turned
many middle class homeowners into millionaires; put countless children through college; and made the family home the most valuable egg in the American nest».
«For many
older middle class homeowners — especially those on fixed incomes — property tax bill increases can make their own homes cost - prohibitive.
«
Middle class homeowners deserve a break, which is why the City Council proposed a $ 400 refund for them in this year's budget response,» said City Council Speaker Corey Johnson in a statement.
This one - two punch will deliver a crippling blow to
middle class homeowners by removing economic incentives for homeownership and raising taxes by an average of $ 851.
Yet Mr. Obama's Deficit Reduction Commission is restricting its removal of tax favoritism for debt leveraging only
for middle class homeowners, not for the financial sector across the board.
On Tuesday, September 25, 2017, NAR launched a $ 6.5 million Public Issue Advocacy plan to highlight NAR opposition to any proposal that results in higher taxes
on middle class homeowners.
Council spending now began to rise again, largely as a result of increases by the GLC, Merseyside and West Midlands councils; whereas Labour votes tended to be poorer and eligible for rate rebates, the burden of higher spending tended to fall on businesses and
middle class homeowners.
How about something for
the middle class homeowners?
«Somebody has to speak for the millions of outer - borough,
middle class homeowners that are lately placed on the back burner of city policy.»
NOTE: I've updated this post throughout and re-titled it because I was wrong: Apparently Cuomo's plan DOES include a circuit breaker (see P. 52 of his «New New York Agenda» to provide relief to
middle class homeowners).
Slightly less quality items, in general geared toward
the middle class homeowner.
Recently, the Association deployed digital ads in every district of House Ways and Means Committee members asking constituents in those areas to remind their lawmakers not to «let tax reform become a tax increase for
middle class homeowners.»
On the other hand, younger and (generally) poorer taxpayers gain the benefit of the increased standard deduction, and they may reap some additional advantage in purchasing their first homes as home values decrease to the detriment of
the middle class homeowners.