NAHB Supports Keeping the Mortgage Interest Deduction

According to SaveMyMortgageInterestDeduction, in the face of a possible attempt by Congress to eliminate the mortgage interest deduction (MID) as a means of budget cutting, Rep. Gary Miller (R.-CA) has introduced legislation to retain the deduction.   The mortgage interest deduction allows taxpayers to deduct the mortgage interest from their income.   A study by the National Association of Home Builders (NAHB) says 81 percent of the public across the board supports keeping the MID in the tax code.   Critics say only a small number of people and the wealthy benefit, but the NAHB says the middle class, the younger buyers, and those with children benefit the most. strongly suggests calling your Congressional representative to voice support for H.Res.25.

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates

Scroll to Top