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An increasing number of local news reports have been contemplating the effect of President-elect Trump’s proposed tax policies on affordable housing. Specifically, many worry how his plan to slash the corporate rate, if fulfilled, would limit the expansion of much-needed affordable housing. President-elect Trump campaigned on a top tax rate of 15 percent for corporations. And in their tax reform “blueprint,” House Republicans have targeted a lower top corporate tax rate of 20 percent.
