If they do that, the housing market is dead forever.
The beginning of a phase-out, I could understand... but to can it wholesale now is begging for riots.
My mortgage tax deduction is around $500.00. Depriving deadbeats of the EITC is worth the extra $41.67 per month.
A lot of us take the mortgage interest deduction. In other words you get to deduct it from your earnings when you calculate your income tax. It’s not a whole lot but it all adds up. The child tax credit is really going to hurt families big time. What all this means is that everybody’s tax bill is going up.
I guess Obama will get the funds he needs to move all the illegal aliens across the border and fund their welfare programs after all.... POS traitor...