Showing posts with label Renters deserve a break just as Homeowners have. Show all posts
Showing posts with label Renters deserve a break just as Homeowners have. Show all posts

Wednesday, January 21, 2009

Help Renters as well as Homeowners

The New Administration Should Help Renters as well as Homeowners

Fact: The federal tax code favors homeowners over renters, through mortgage interest deduction.

Solution: Figure out a way to level the playing field, perhaps allowing renters to deduct all or a portion of their rent as homeowners deduct their mortgage interest.