Gutting The MID Harms Homebuyers

The mortgage interest deduction is the tax break all the smarty-pants love to hate, especially economists. It’s a big subsidy for wealthy homeowners and it doesn’t do much to encourage homeownership, they say.

MID On The Chopping Block

After failing to make good on numerous campaign promises including, most dramatically, repealing and/or replacing the Affordable Care Act, the Trump administration has turned its attention to another touchy subject: tax reform.