US builders, realtors protest proposed tax changes that they say will hurt home sales

Washington

WITH US Congress members focused during their August recess on finding ways to lower the corporate tax rate, industry groups and other sectors of society are gearing up to fight proposed changes to the personal income tax.

While tax cuts for business have garnered the most headlines, lobbyists and lawmakers have conceded that rewriting the corporate tax code will be a long slog. Tackling personal tax rates will be easier, many argued.