re: Mortgage Interest Deduction in danger....

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In our current environment why would anyone believes that paying more in taxes is a good thing is beyond me.

I get what Russian is saying but what im saying is....certainly not now. It already feels like those that actually produce in society are getting squeezed .....this is yet another way.

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Overwhelmingly, if home buyers utilized their brains and did the math, the overwhelming majority would realize that they will not be able to itemize and the standard deduction will be utilized. Realtors blather on about tax savings when most buyers won't realize any. That's the fact, so, yes, it supports those with large borrowing capacity and those that have higher income and other investments/business interests that can be aggregated for much higher deductions and tax relief. Say an average family with $65-100K income, it does little if anything for them. It is what it is, don't make it out differently, and anyone who has borrowed money the last 4+ years has been thrown a large bone with very low rates which will save them a lot of money vs what a more normalized rate environment would cost.