The Tucson Association of REALTORS® takes a very active role in public policy and government issues affecting our community.

For more information about the Association's public policy efforts, please contact the Director of Government Affairs, Steve Huffman at 382-8787 orr steve@tucsonrealtors.org

- 70% of your contributions stay in AZ

- Your contribution ensures you can continue to do business without government regulations carving fees and taxes out of your commissions!

- It is THE best investment you can make in your business and your industry.

FOLLOW TAR Find us on Facebook Tweet with Us! Stay Linkedin Check Out Our Videos!

Federal Budget Update
REALTORS® have always been a huge part of our modern American economy.  While it is hard to listen to the news without hearing about the current fiscal crisis in our country, it is something we cannot afford to ignore.

This year will be the third year in a row that our nation’s expenses will exceed our revenues by more than a trillion dollars in one year.  Our deficit is expected to fall somewhere between $1.3 and $1.4 trillion dollars this year.  That money must be borrowed to pay our bills as a nation.  It will be added to the more than $ 14 trillion dollars that we already owe.  Those numbers are hard to picture because of their sheer size. 

What would a trillion dollars look like?
If you laid one dollar bills end to end, you could make a chain that stretches from earth to the moon and back again 200 times before you ran out of dollar bills! One trillion dollars would stretch nearly from the earth to the sun. It would take a military jet flying at the speed of sound, reeling out a roll of dollar bills behind it, 14 years before it reeled out one trillion dollar bills.

Tax increases will be looked at to reduce the deficit.
One of the largest tax deductions in the United States is the mortgage interest deduction!  You cannot assume with threats of credit downgrading and financial insecurity that this critical deduction that makes home ownership possible for millions of Americans will survive this crisis unchanged.