Actual Mortgage Deductions

                         

The average homeowner who deducts interest on his mortgage does get what can be called a middle class tax advantage. However, it is not what politicians describe as a major benefit. That’s because the  actual deduction is often less, overall, than the tax law’s standard offering.    y

                   

It’s going, however, to be tough doing away with this tax advantage. Too many folks benefit. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)