Skip to main content

Mortgage Interest Deduction

30 Nov 2012

Mortgage Interest Deduction

Bipartisan calls for caps on tax deductions could affect a mortgage-interest tax break once considered unassailable, the New York Times reports. A deduction cap would likely be aimed at upper-income households and could therefore “diminish or end” the deduction on mortgage interest payments for those taxpayers. Proponents of the popular mortgage interest deduction, including the real estate industry, would likely have time to push back, however.

Related Posts

The Washington Report – July 31, 2015

HIGH SCHOOL STUDENT DREAM ... "THIS PLACE BOGGLES MY MIND" ... SHUTDOWN SCENARIO ... THE...

Washington Report May 4, 2018

Freestylin' .... Trump 'n Rudy Show ... Blindsided, Again ... Is The Wall Crumbling? ......

Washington Report May 6, 2016

WHAT BUDGET? .... INDIANA SEEMS SO LONG AGO ... ARE SUPERDELEGATES THE PROBLEM? ... THE...

Leave a reply

Your email address will not be published. Required fields are marked *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.