Would not have to keep a receipt, would not have to worry how much they paid the dentist, how much they paid the doctor, how much they gave to their church. All of those things would simply go away. I know a lot of people, and the gentleman mentioned the Realtors and they are worried about this because at the end of the day this would affect whether or not Americans would buy homes and particularly new homes. But the bottom line is, that new home would, probably on a net-net basis be less expensive than it is today.
Gilbert Gutknecht: “Would not have to keep a receipt, would not have to worry how much they paid the dentist, how much they paid the doctor…”
Editor's note · Context
Discussing the impact of proposed changes on home buying and expenses.
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