I’d rather they raise the cap on deductions (mortgage interest, state and local taxes) back to how it used to be Pre-Trump and give additional tax rebates to first time home buyers. His tax bill raised my effective tax rate a shitload. I would never have been able to buy my first house without those provisions.
I’d rather they raise the cap on deductions (mortgage interest, state and local taxes) back to how it used to be Pre-Trump and give additional tax rebates to first time home buyers. His tax bill raised my effective tax rate a shitload. I would never have been able to buy my first house without those provisions.
The current cap really only affects rich people though.
Given that a “starter house” has gone from 150 to 400 grand in my area on the past 4 years, I’m not so sure.