The History of the Mortgage Interest Deduction

Another excellent article appeared yesterday in the New York Times regarding the home mortgage interest deductionThe mortgage interest deduction is an itemized deduction for interest paid on home mortgages. It reduces households’ taxable incomes and, consequently, their total taxes paid. The Tax Cuts and Jobs Act (TCJA) reduced the amount of principal and limited the … Continue reading The History of the Mortgage Interest Deduction