Lawmakers want to kill your mortgage interest deduction
This year marks the centennial for the nation's mortgage interest deduction, a sacred tax benefit the real estate industry strongly believes is key in keeping the American dream of homeownership alive.
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#1 Jul 12, 2013
As a Consumer Economist and as a Realtor it is time that each of our four leading powerhouse financial industries contribute some "gives" to assist our nation come into financial balance. Your article demonstrated the huge economic flaws with the current mortgage deduction -- maybe NAR can suggest ways to improve these flaws without bankrupting our nation any more. Thanks.
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