4 ms·
the mortgage interest deduction should be phased out over some period of time (like 5 years), rather than capped like it was in the trump tax bill. economically
by clairity 9y ago
the mortgage interest deduction should be phased out over some period of time (like 5 years), rather than capped like it was in the trump tax bill. economically, it's taxpayer-funded gift to the real estate industry (in the form of higher home prices, higher building costs, higher commissions, more interest, etc.).