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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNext defeat repeal mortgage interest deduction
Oh joy when they drag that little gem out.
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Next defeat repeal mortgage interest deduction (Original Post)
Drahthaardogs
Mar 2017
OP
exboyfil
(17,865 posts)1. Actually I would be on board with that change
so long as the standard deduction is increased by $5K or so.
crazycatlady
(4,492 posts)5. I would too
(Selfish reason-- I don't own a house and have no desire to. I wouldn't buy if i won the lottery.)
spooky3
(34,467 posts)2. Why would they try that? It benefits the upper middle class
(Not the .001%, obviously , which doesn't need mortgages) more than those in lower brackets. And many of those are in the Repub base.
And the real estate industry is dead set against repeal, and you know which side they are on politically.
Drahthaardogs
(6,843 posts)4. That is part of their reform bill
And it will never happen, but it will damage them
spooky3
(34,467 posts)6. They are even more stupid than I realized.
PoliticAverse
(26,366 posts)3. It's likely safe as it mostly benefits the well off. n/t