Morning Minute: Americans want mortgage deduction protected, poll finds

Faced with the question of choosing which tax break they would want to see protected over others, Americans chose the mortgage interest deduction over several other popular deductions including one for charitable giving, according to a new poll by the Christian Science Monitor.

The poll asked people which tax deduction they would be willing to eliminate and gave them five options: Charitable giving, mortgage interest, state taxes paid, employer-sponsored health insurance and retirement savings. Respondents said they would be willing to give up tax breaks for charitable giving and state taxes before eliminating the mortgage interest deduction.

Read the full article from the Christian Science Monitor.

 

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About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.

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