re: Under Trump Tax Proposal Mortgage Interest Deduction is Preserved

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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

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Totally agree, but I think the fear is the National association of realtors would campaign hard against this. It’s a big selling point to their uneducated buyers. Sad, but true.