GOP Tax Plan Would Axe Tax Credit — Cutting Maywood

Friday, November 10, 2017 || By Michael Romain || @maywoodnews 

Featured image: The Maywood Home for Soldiers’ Widows.  

The proposed tax reform bill that was introduced in the U.S. House of Representatives on Nov. 2 could have ramifications for the future of Maywood’s economic development. The bill would eliminate the Historic Tax Credit program, a 20 percent tax credit available to developers looking to restore historic, income-generating properties.

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