Dr. Seiders says he recommends creating a tax credit for home purchase

At the Senate Finance Committee on "The Real Estate Market: Building a Strong Economy," Dr. David Seiders, Chief Economist and Senior Staff Vice President at the National Association of Home Builders, says his recommendations to the finance committee are creating a tax credit for the purchase of a home, expanding the mortgage revenue bond program, expand the net operating loss deducting carry back, and designate housing an eligible investment for tax-preferred retirement accounts. (1:01)
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