The Effects of Lowering the Cap on the Home Mortgage Interest Deduction

Update (8/9/17): Added an estimate of how much this proposal would raise over a decade if phased-in slowly Recent reports suggest that the Trump administration is looking to limit the home mortgage interest deduction as another means to pay for lower tax rates as part of tax reform. Against both current law and the House … Continue reading The Effects of Lowering the Cap on the Home Mortgage Interest Deduction