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Interest Deductions.
It is not the case that taxpayers subject to the A.M.T. lose mortgage interest deductions.
Mortgage interest deductions support the private housing industry at the expense of renters.
Real estate insiders want to preserve mortgage interest deductions for higher-priced residences and second homes.
Property owners have it; hence, special treatment for capital gains and mortgage interest deductions.
Every other proposal to expense business investments, including the House Republican plan, limits interest deductions.
They should get rid of the interest deductions on mortgages over $500,000 and on second homes.
The highest-income Americans don't need tax-free health insurance, mortgage interest deductions or deferred taxation on retirement funds.
Similar(3)
The New Yorker, October 2 , 1995P. 9 Comment about mortgage-interest deductions and divorce.
Mortgage-interest deductions and exemptions from capital gains for residential property both favour excessive saving in property.
For basic matters like W-2 income and mortgage-interest deductions, the two programs didn't differ much.
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