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To: Bill who wrote (450209)10/11/2011 9:21:28 AM
From: D. Long  Respond to of 793926
 
I could be mistaken, but it looks like if you make a hundred grand or less and have a mortgage, your taxes are probably going up under 999

Which may have the salutary effect of discouraging home ownership among people that can't afford a mortgage in the first place. The tax deduction is a big incentive to own.



To: Bill who wrote (450209)10/11/2011 12:28:03 PM
From: goldworldnet  Read Replies (1) | Respond to of 793926
 
It would probably be better to keep deductions in place under 100K and have a flat tax for everything over.

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