Homebuilders Get In Front of Budget Wave with "Save my Mortgage Interest Deduction" Website.

Website is HERE, clearly an astro turf grass root campaign designed to head off possible budget efforts to pare back the home mortgage deduction.

No word if they have started the "Save my Tax Carry Back" website yet:]

Including construction, retail and manufacturing businesses hardest hit by the drop off in consumer spending, the net operating loss carry back extension is expected to produce tax refunds of $33.2 billion. Residential construction contractors who will get the biggest benefits from this legislation include Beazer Homes USA, Standard Pacific Corp., Hovnanian Enterprises, Brookfield Homes, Pulte/Centex, KB Home, toll Brothers, Lennar Corp. and DR Horton. Several of these builders are expected to get tax refunds larger than their total market capitalization.

Originally created and posted on the Oregon Housing Blog.