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Trump’s tax plans: Housing credits ‘in play,’ and there’s buzz over a short extension for expiring cuts

Washington Watch

GOP must address elevated prices for entry-level housing, so get ready for tax breaks to boost supply, analyst says

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What tax breaks could be coming for home builders? A mason is shown here working at a new apartment building in Connecticut. Photo: Getty Images

As President-elect Donald Trump and his fellow Republicans huddle over what to work into their big tax package next year, one veteran analyst is predicting that housing tax credits will get included.

Separately, some GOP lawmakers reportedly have talked about using the forthcoming package to extend their expiring 2017 tax cuts by four years rather than a longer period like 10 years.

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