Fix The Tax Code Friday: Mortgage Deduction

February 16, 2007 · 0 comments

Bush’s tax plan has suggested severely limiting the mortgage deduction and eliminating deductions
for interest on home-equity loans or mortgages for vacation homes.

So today’s Fix the Tax Code Friday question is:

Should we eliminate the deduction for home mortgages?  Or should we limit the deduction to first time home buyers?

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