Mortgage interest tax deduction being discussed

With the federal government looking for more money, a budget deficit commission has been discussing possible changes to the tax code to bring in more revenue. One option among a number of options: limiting or revoking the mortgage interest deduction.

Whatever this commission recommends, I can imagine the political fights that may ensue.

3 thoughts on “Mortgage interest tax deduction being discussed

  1. Pingback: Study suggests US gov’t loses $71 billion a year because of tax exempt religious institutions | Legally Sociable

  2. Pingback: Jimmy Carter: housing is a human right | Legally Sociable

  3. Pingback: Home builders pull support of tax cuts over mortgage interest deduction | Legally Sociable

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