Here are the latest newsletters:
Important RV Related Information from RVACT
November 16, 2011
ACT NOW: Protect the Mortgage Interest Deduction on Your RV Today!
TAKE ACTION NOW
Dear WIT Member ,
We’re providing you with this information from RVACT because you are
the owner of an RV and will perhaps have an interest in the subject
matter.
Late last week a proposal from the members of the Super Committee
(Joint Select Committee on Deficit Reduction) included the elimination
of the second home mortgage interest deduction (MID). Since
negotiations have been kept confidential, with only a few details
slipping out, there is no way to know whether this provision will be
in the final Super Committee deficit reduction plan until after the
plan is finalized. NOW is the time to act to ensure the MID is not
included in the final plan, or any future tax reform plan.
Retention of the federal second home mortgage interest deduction is a
substantial benefit to RV owners. In order to preserve it, RV owners
must start TODAY to participate in an e-mail campaign asking their US
Congressional members to oppose the elimination of the MID. This
campaign must be started todaybecause the deadline for the Super
Committee to vote on a plan with $1.5 trillion in deficit reduction is
Nov 23. Further, since the Congressional Budget Office must score the
cost of the plan before the Super Committee can vote on the plan,we
need to start and finish our e-mail campaign this week.
To participate in our e-mail campaign, we ask you to click the “Take
Action” link at the top of this email which will take you to the RVACT
website. Once you are on the website, you will find everything you
need to take action on this issue. After personalizing the template
letter you will be asked to enter your address. The system will use
this address to automatically send the letter to your Representative
and Senators without you having to know the names of your members of
Congress and without you leaving the RVACT website.
The very real problems of federal deficits and debt growing to
unsustainable levels prompted the creation of the Congressional Super
Committee. If no legislation from the Committee is enacted by Congress
by early next year then the law, which created the Super Committee,
mandates across the board cuts in defense and non-defense spending
totaling over $1.0 trillion. Consequently, there is tremendous
pressure on the Super Committee to identify a package of tax savings
and spending cuts. The final package will be very difficult to
influence as the law requires the plan to go to the floor of the House
and Senate for an up or down vote. Congress cannot amend the Super
Committee's recommendations. Consequently, we are reaching out to the
Super Committee and key tax committee members (Senate Finance and
House Ways and Means) this week.
If you are concerned about losing the mortgage interest deduction for
RV’s please contact your members of Congress NOW.
Confidentiality Notice: This e-mail transmission and attachments, if
any, is intended only for the receipt and use of the individual or
entity to which it is addressed and may contain information which is
confidential, attorney-client privileged, protected under the work
product doctrine or otherwise exempt from disclosure under applicable
law. If you are not the intended recipient, you are hereby notified
that any disclosure, dissemination, distribution, copying, use or the
taking of any action in reliance on the contents of this information
is strictly prohibited. Any unauthorized interception of this
transmission is illegal under the law. If you have received this
transmission in error, please promptly notify the sender by reply
e-mail, and immediately destroy all physical and electronic copies of
this transmission.
Important RV Related Information from RVACT
November 16, 2011
ACT NOW: Protect the Mortgage Interest Deduction on Your RV Today!
TAKE ACTION NOW
Dear WIT Member ,
We’re providing you with this information from RVACT because you are
the owner of an RV and will perhaps have an interest in the subject
matter.
Late last week a proposal from the members of the Super Committee
(Joint Select Committee on Deficit Reduction) included the elimination
of the second home mortgage interest deduction (MID). Since
negotiations have been kept confidential, with only a few details
slipping out, there is no way to know whether this provision will be
in the final Super Committee deficit reduction plan until after the
plan is finalized. NOW is the time to act to ensure the MID is not
included in the final plan, or any future tax reform plan.
Retention of the federal second home mortgage interest deduction is a
substantial benefit to RV owners. In order to preserve it, RV owners
must start TODAY to participate in an e-mail campaign asking their US
Congressional members to oppose the elimination of the MID. This
campaign must be started todaybecause the deadline for the Super
Committee to vote on a plan with $1.5 trillion in deficit reduction is
Nov 23. Further, since the Congressional Budget Office must score the
cost of the plan before the Super Committee can vote on the plan,we
need to start and finish our e-mail campaign this week.
To participate in our e-mail campaign, we ask you to click the “Take
Action” link at the top of this email which will take you to the RVACT
website. Once you are on the website, you will find everything you
need to take action on this issue. After personalizing the template
letter you will be asked to enter your address. The system will use
this address to automatically send the letter to your Representative
and Senators without you having to know the names of your members of
Congress and without you leaving the RVACT website.
The very real problems of federal deficits and debt growing to
unsustainable levels prompted the creation of the Congressional Super
Committee. If no legislation from the Committee is enacted by Congress
by early next year then the law, which created the Super Committee,
mandates across the board cuts in defense and non-defense spending
totaling over $1.0 trillion. Consequently, there is tremendous
pressure on the Super Committee to identify a package of tax savings
and spending cuts. The final package will be very difficult to
influence as the law requires the plan to go to the floor of the House
and Senate for an up or down vote. Congress cannot amend the Super
Committee's recommendations. Consequently, we are reaching out to the
Super Committee and key tax committee members (Senate Finance and
House Ways and Means) this week.
If you are concerned about losing the mortgage interest deduction for
RV’s please contact your members of Congress NOW.
Confidentiality Notice: This e-mail transmission and attachments, if
any, is intended only for the receipt and use of the individual or
entity to which it is addressed and may contain information which is
confidential, attorney-client privileged, protected under the work
product doctrine or otherwise exempt from disclosure under applicable
law. If you are not the intended recipient, you are hereby notified
that any disclosure, dissemination, distribution, copying, use or the
taking of any action in reliance on the contents of this information
is strictly prohibited. Any unauthorized interception of this
transmission is illegal under the law. If you have received this
transmission in error, please promptly notify the sender by reply
e-mail, and immediately destroy all physical and electronic copies of
this transmission.
