Subject: limiting tax deduction Comment: What are you guys thinking? How is it fair to existing home owners? The ONLY benefits is for the government. In San Francisco, you can't find a 3 bedroom home for 500k. Even if it's possible, with 20% down, there is a 400k loan which still exceeds the 312k limit. What are you guys thinking? Give us a flat tax to simply tax filing! Tax filing for individual should be simple and shouldn't need H&R Block! |