GOP Tax Reform Bill Punishes Homeowners, Say California Realtors

This week the California Association of Realtors issued the following statement in response to the final Tax Cuts and Jobs Act tax reform bill released last Friday: "The final tax reform bill released punishes homeowners and weakens homeownership, and in fact, it looks at homeowners and the housing market as nothing more than a piggy bank," said C.A.R. President Steve White. "Congress is touting this as a tax cut for middle-class families, but the reality is that thousands of California middle-class homeowners will be the first ones to face tax increases."

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