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Posted on 10/1/17 at 12:16 pm to LSUFanHouston
quote:
The fact the mortgage interest deduction is off the table shows the incredible power of the realtor lobby.
Real estate is a huge component of the GDP. Can't get to 3% with RE dragging it down.
Posted on 10/1/17 at 1:23 pm to LSUFanHouston
Do you know anybody that bought their primary home to get the tax deduction on the interest they pay?
It just is not that important like in was in 1980 when interest rates were 14% and tax rates were like 70%.
Get rid of it and lower the overall rates further.
It just is not that important like in was in 1980 when interest rates were 14% and tax rates were like 70%.
Get rid of it and lower the overall rates further.
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