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To: txlurker
Someone please correct me if I am wrong, but don't we already get to deduct mortgage interest on our taxes?

You can deduct it off of your income, which can reduce your tax liability. He's talking about a "tax credit" which is a direct reduction of your tax liability.

27 posted on 02/15/2008 7:28:25 AM PST by SoothingDave
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To: SoothingDave
You can deduct it off of your income, which can reduce your tax liability. He's talking about a "tax credit" which is a direct reduction of your tax liability.

Ahhh...ok. Thanks for the info.

28 posted on 02/15/2008 7:34:08 AM PST by txlurker
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