TITLE

MBAA: Bush Plan Would Not Hurt Low-Income Credit

AUTHOR(S)
Duff, Susanna
PUB. DATE
March 2003
SOURCE
Bond Buyer;3/11/2003, Vol. 343 Issue 31590, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Cites a report by Mortgage Bankers Association of America that contends tax-exempt dividend proposal proposed by U.S. President George W. Bush's administration. Need for reduction of corporate investments in housing financed with low-income housing tax credit; Necessity for amendment in the proposal to offset a potential increase in capital gains taxes; Significant impact of the proposal on the low-income housing tax credit.
ACCESSION #
9346354

 

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