[Congressional Record Volume 153, Number 185 (Wednesday, December 5, 2007)]
[Extensions of Remarks]
[Pages E2489-E2490]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




           INTRODUCTION OF PROPERTY TAX DEDUCTION FOR ALL ACT

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                             HON. RON PAUL

                                of texas

                    in the house of representatives

                      Wednesday, December 5, 2007

  Mr. PAUL. Madam Speaker, I rise to introduce the Property Tax 
Deduction for All Act,

[[Page E2490]]

legislation making the property tax deduction an ``above-the-line'' 
deduction. This simple change makes the property tax deduction 
available to homeowners who do not file an itemized tax return.
  The Property Tax Deduction for All Act will help millions of 
Americans who struggle with high property taxes, but because they do 
not itemize, are unable to take advantage of the Federal deduction for 
property taxes. Extending the property tax deduction to all homeowners 
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 a new home. I respectfully urge my colleagues to 
help ensure all homeowners can take advantage of the tax deduction for 
property taxes by cosponsoring this legislation.

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