Overview for deductions

Make Schumer and Pelosi Defend Tax Deductions for the Rich

Michael Barone points out the three big tax deductions which are hard to eliminate: the charitable deduction, the home mortgage interest deduction, and the state and local tax deduction. I agree with him that elimination of the charitable deduction is wrong for Republicans. Home mortgage …

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Written by John Vecchione on Tuesday November 22, 2011