Liberal tax deduction plan 'One of the worst policies of 21st Century': Eslake

Liberal tax deduction plan 'One of the worst policies of 21st Century': Eslake

Saul Eslake criticises Liberals' mortgage deduction scheme, warning it may drive home prices up.

Buchanan Introduces Bipartisan Bills to Expand Mortgage Tax Deductions, Cut Condominium Taxes

Representative Vern Buchanan (R-FL) is introducing bipartisan legislation to permanently extend and expand mortgage tax deductions and cut taxes on condominium owners. Named the Middle-Class Mortgage Insurance Premium Act, Rep. Buchanan's bill revives a tax deduction for mortgage insurance premiums that expired in 2021. Mortgage insurance is required for home buyers who cannot afford a 20% down payment, and insurance premiums were tax-deductible…