Homeowners Have Had It Good. Too Good, Says the Tax Bill

December 18, 2017

New York Times, Dec. 16, 2017--Conor Dougherty
The bill will increase many homeowners' monthly housing costs by scaling back deductions that allow them to reduce mortgage interest and property taxes. And by roughly doubling the standard deduction, it reduces the incentive to buy homes by making far fewer homeowners eligible for preferential tax treatment.


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