Obama Proposes Reduction to Mortgage Interest Deduction
admin2011-02-15T05:45:51-07:00February 15, 2011 (Chris Moore) One of President Obama’s Deficit Reduction Commission’s recommendations appears to have hit home. Normally considered to be a “sacred cow” and expected to be furiously fought by the housing and building industry, the President has proposed a reduction in the mortgage interest deduction for high income taxpayers in his 2012 [...]