Comment

Chicago Tea Party Pix

44
lobo912/27/2009 11:51:14 am PST

re: #29 IslandLibertarian

I’d like to check out part of “0”s budget.
Is there a provision to exclude mortgage interest deduction for incomes over $250,000?
I heard this on Laura Ingraham this morning.
True or False?

It’s true, but not a complete exclusion.

The plan is to reduce the amount that’s deductible to 75% for people making over $250,000.