Mortgage interest deduction is a terrible way to help middle-class homeowners
- Written by Gil B. Manzon Jr., Associate Professor of Accounting, Boston College
Middle-class homeowners need credits, not deductions.Konstantin L/Shutterstock.comRepublican lawmakers’ plans to rewrite the tax code would make it harder for most Americans to take advantage of the mortgage interest deduction, which has angered many who claim it’ll push homeownership out of reach for millions of middle-class...
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