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Abolishing The Mortgage Interest Deduction On New Purchases Only Also Runs Against A Reliance Interest
Over at the Volokh Conspiracy, Ilya Somin talks about the possible abolition of the mortgage interest tax deduction. As many have pointed out, such an abolition would run against the reliance interest of current homeowners. When budgeting for a house, they assumed … Continue reading
Posted in Economics, Law, Politics
Tagged economy, mortgage interest deductions, real-estate
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