Posted Wednesday, October 31, 2012
There's no place like home, especially when home also serves as a tax shelter. Tens of millions of taxpayers take advantage of the mortgage interest deduction, saving roughly $600 year. But some argue the government can no longer afford to let people write off the interest they pay on mortgages. How do President Obama and Governor Mitt Romney differ in their ideas to deal with mortgage interest and other tax deductions? Tomorrow morning at 9 with host Mike McIntyre on the Sound of Ideas.
Marilyn Geewax, Senior Business Editor, NPR
Kathryn Lavelle, Ellen and Dixon Long Professor of World Affairs, Case Western Reserve University and author, “Money and Banks in the American Political System”
Joanne Zettl, Realtor, Sotheby’s International Realty
Greg Lawson, Statehouse Liaison and Policy Analyst, The Buckeye Institute for Public Policy Solutions
A look at proposals to limit the mortgage interest deduction
Deduction Cap Means Romney’s Math Adds Up, Tax Group Says
Woodrow Wilson Center Budget Hero Game
The Concord Coalition Principles and Priorities Budget Game
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