Mortgage Interest Deduction Debate

Much is being debated with a $16 Trillion debt including the mortgage interest deduction (MID).  After all of the debate with class warfare and the like, it still comes down to the country spends $1 Trillion more than it brings in.  Evidently, we will have Euro-riots if we discuss spending reductions so we must discuss new ways to tax.  Here is an article from Inman News:

http://www.inman.com/news/2012/10/15/changes-mid-seen-increasingly-likely

 

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About northwoodsdeals

Jim Mulleady is the Broker for Coldwell Banker Mulleady REALTORS located in Eagle River, WI. Jim has a BS in Industrial Technology from UW Stout and an MBA - Marketing from DePaul University. Jim has over 20 years of marketing and sales experience.
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