I hope not. Judy
On 01/26/2012 01:40 PM, langwi...@comcast.net wrote:
Would someone on the list comment on the likihood of the
governor doing away with the home mortgage deduction in Maryland.
Christine
*Mortgage Interest Deduction May b Eliminated In Maryland *
**by Joe Alero 1/24/2012
Would someone on the list comment on the likihood of the governor doing away
with the home mortgage deduction in Maryland.
Christine
Mortgage Interest Deduction May b Eliminated In Maryland
by Joe Alero 1/24/2012 sbynews.blogspot.com
Governor O’Malley announced his budget
I have no idea what the possibility of this being successfully passed through
the legislature is (remember, the Governor can't do this unilaterally, it has
to be passed as a revision to the tax code) but if you read the article, under
this plan the deduction would not be done away with for
Christine,
As I understand the proposal, an individual making more than $100K or a
couple making more than $150K would reduce itemized deductions by 10% or
20%. Since the deductions for home ownership are the largest deductions
for most people, those with higher incomes would lose a part of
