- Created: Saturday, 01 March 2014 04:08
- Written by Chip Halbach
On February 26, House Ways and Means Chairman Dave Camp (R-MI) released long-awaited draft legislation on tax reform, citing the need for "concrete solutions and ... real policies that strengthen the economy and help hardworking taxpayers". Low income housing advocates have been closely lobbying and monitoring Camp's committee for months to ensure that (1) the housing tax credits are preserved and that (2) the mortgage interest deduction is reformed, as both of these tools are critical to helping hardworking taxpayers at the lower end of the income spectrum. The released draft, which is unlikely to be introduced in the House this year but has value as a starting place for future tax reform committee work, begins the work of addressing both of these issues.