What do you think the chances are The President and Congress get rid of mortgage interest and property taxes being a deduction on federal income taxes?

What do you think the chances are The President and Congress get rid of mortgage interest and property taxes being a deduction on federal income taxes?
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1 Answer

Answer :

From what I hear, it is Republicans who are talking about closing “loopholes” and capping deductions more than Democrats. But whether it, or anything will happen, I don’t know. And I doubt it could effect this year’s taxes anyway.
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