Ron Paul Introduces the Complete and Permanent Property Tax Deduction Act of 2009

SPEECH OF
HON. RON PAUL
OF TEXAS
IN THE HOUSE OF REPRESENTATIVES
TUESDAY, JULY 14, 2009
Madam Speaker, I rise to introduce the Complete and Permanent Property Tax Deduction Act of 2009. This bill makes the property tax deduction, which is scheduled to expire this year, permanent and removes all limitations on the deduction.

The Complete and Permanent Property Tax Deduction Act will help millions of Americans who struggle with high property taxes. Making the property tax deduction permanent will especially benefit senior citizens, whose homes often are the major part of their wealth, and young families struggling to cope with the costs of owning new homes. I respectfully urge my colleagues to help ensure all homeowners can continue to take advantage of the property tax deduction by cosponsoring this legislation.