Tax Changes Mean Mortgage-Interest Deduction Finds Fewer Takers
Wall Street Journal, Apr. 23, 2018–Richard Rubin (subscription)
Meet the new mortgage-interest deduction. It’s smaller and much more concentrated among high-income households. In 2018, the deduction will save taxpayers $25 billion, down from $60 billion in 2017, according to estimates released on Monday by the Joint Committee on Taxation.
