Changes Under Consideration to Mortgage Interest Deduction | miOaklandCounty.com



President Bush’s Advisory Panel on Tax Reform is considering severly reducing the mortgage interest income tax deduction in an effort find funds to balance the budget and pay off the rising deficit. This has the potential to significantly increase federal income taxes for most tax payers. Take a look at Blanche Evans article in RealtyTimes.

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Written by Maureen Francis

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