December 2, 2017 — Pro-Growth Tax Reform Advances

 Pass-Through Businesses Poised to Play Big Role 

 - Jeffrey DeBoer on Twitter -  - Roundtable Weekly Policy Digest Archive -  
    December 2, 2017     Media Contacts: (202) 639-8400
    Scott Sherwood or Abigail Grenadier

(WASHINGTON D.C.) — Real Estate Roundtable President and Chief Executive Officer Jeffrey DeBoer released the following statement on the Tax Cuts and Jobs Act passed by the Senate early Saturday morning, Dec.2:

Jeff-DeBoer_SFCx225-web1-2017-09-17

Real Estate Roundtable President and Chief Executive Officer Jeffrey DeBoer testifying before the Senate Finance Committee on Sept. 19.

 ( - Watch video clips of DeBoer's opening statement and Q&A with members of the Senate Finance Committee. - )

"The vote by the United States Senate is another step forward for pro-growth tax policy.

Many provisions in the House and Senate bills are designed to boost wages, job creation and the overall economy.  The proposed new pass-through tax regime, structured differently in each bill, is potentially one of the more significant new incentives to attract growth capital to businesses of all types and sizes. We look forward to working with lawmakers in the days ahead to help ensure that this concept achieves its full potential. 

Importantly, our industry has long been a key source of local community strength, and modern, innovative housing for the evolving needs of our citizens and businesses.  This connection will be strengthened even more as the benefits of this pro growth tax legislation ripple through the economy. 

About The Real Estate Roundtable
The Real Estate Roundtable brings together leaders of the nation’s publicly-held and privately owned real estate ownership, development, lending and management firms with the leaders of national real estate tradeassociations to jointly address key national policy issues relating to real estate and the overall economy. Collectively, Roundtable members' portfolios contain over 12 billion square feet of office, retail and industrial properties valued at more than $1 trillion; over 1.5 million apartment units; and in excess of 2.5 million hotel rooms.  Participating trade associations represent more than 1.5 million people involved in virtually every aspect of the real estate business.

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