Will the mortgage interest deduction be repealed any time before 2030?
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The mortgage interest deduction is viewed by many as a regressive tax and a driver of inequality. Will the deduction go away any time before 2030?
https://www.brookings.edu/articles/its-time-to-gut-the-mortgage-interest-deduction/
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It seems unlikely due to its popularity among homeowners and its impact on the housing market. That said, changes in tax policies could happen if there’s a major shift in government priorities or budget needs. When I was researching financing options, I found Credit Acceptance reviews helpful in understanding how tax benefits like this can impact overall affordability.
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