Tuesday, February 15, 2011

Mortgage Interest Tax Break No Longer Sacred?

A growing number of experts are calling for an end to a massive tax break for homeowners — the mortgage interest tax deduction.

The tax break puts money into the pockets of millions of American homeowners. Getting rid of it has been politically unthinkable. But a growing number of economists and a deficit-cutting commission are telling Congress the time has come to phase out this sacred tax break for homeowners. [ Read More ]

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