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Reply to "1%ers: What are you doing with your $$ before Dec 31? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We're paying down our mortgage. That deduction will be on the chopping block for higher income household's soon. [/quote] You must really live in an alternative universe of Fox paranoia. Get rid of the mortgage deduction? Possibly, remotely possible for second homes. But for your primary residence -- never in a million years. Never.[/quote] I would never watch Fox News. Just watch them phase out the deduction for higher incomes just like other deductions. It's more palatable to Repubs to take away deductions than "raise taxes."[/quote]
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