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 – June 12, 2015

CLIFFHANGER ON TRADE BILL ... EXPORT-IMPORT BANK BEFUDDLEMENT ... DEFENSE BILLS ... CONGRESS GOES LOCO...

Will Stone, President

William Stone Named President of Capstone National Partners

FOR IMMEDIATE RELEASE September 27, 2017 Contact: Joyce Rubenstein 414-727-2934 Jrubenstein@capstonenp.com CAPSTONE NATIONAL PARTNERS NAMES...

Washington Report – November 18, 2016

Congress is gone. Next week is Thanksgiving. Take a deep breath COMING SOON: Each announcement...