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In reply to the discussion: One of the reasons there is talk about getting rid of the mortgage interest deduction is [View all]brush
(53,743 posts)13. Wait a minute
Wait a minute. This is not clear. It sounds like WCGreeen, a tax preparer, is recommending, despite saying he doesn't agree or disagree, that we get rid of the mortgage deduction thus making tax prep so simple no one needs to hire him to do their taxes. He's recommending putting himself out of business? I'm not buying that. It sounds too Romneyish (one of the loopholes him and Ryan are proposing to close to pay for their 5 trillion tax cut for the rich). Nope, not buying it. If middle class homeowners lose that deduction they won't be middle class for long. But I guess that's the point as far as Romney, Ryan and the repugs are concerned. Try that ploy somewhere else, WCGreen.
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One of the reasons there is talk about getting rid of the mortgage interest deduction is [View all]
WCGreen
Sep 2012
OP
I don't have a dog in this fight, being too poor to ever qualify for a mortgage.
kestrel91316
Sep 2012
#2
I'm presenting facts as to why the Republicans are putting this out as a possible
WCGreen
Sep 2012
#23
But the lower the interest rates available now means more people are paying more
WCGreen
Sep 2012
#43
I've been doing our own taxes for 6 or 7 years with TurboTax. The interest rate deduction
mnhtnbb
Sep 2012
#18