Think about it
It’s never going to be an entirely comfortable time to get rid of mortgage interest as a tax deduction. But with the need for more tax simplicity, looking at ways to eliminate specialized provisions of the tax code is worth a further look. If we’re ever going to move toward tax reform, now’s the best time to look at phasing out and eventually getting rid of the mortgage-interest deduction.
The article Why Now’s the Time to Kill the Mortgage Interest Deduction originally appeared on Fool.com and is written by Dan Caplinger.
Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool has no position in any of the stocks mentioned.
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