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Democratic Party Denies Plans to Scrap Long-term Property Tax Deductions

Source: ํ•œ๊ฒจ๋ ˆ ์ •์น˜ยทApril 20th, 2026 3:50 AM
๐Ÿค– The gist

The Democratic Party is quickly shutting down rumors about scrapping long-term property tax deductions. After reports of a potential tax overhaul sparked public concern, party officials clarified that no such changes are currently under review. This move seems designed to calm homeowners worried about a sudden spike in tax burdens. For now, the party appears focused on maintaining the status quo rather than risking a backlash over sensitive real estate policies.

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