Mortgage Interest Deduction to Disappear
Submitted by Stockmaster3 on Wed, 10/03/2012 - 04:45
This just in on the day before the big debate. Mitt Romney he might be willing to reduce income tax deductions used by millions of families for home mortgage interest and health care costs.
Romeny suggested the changes could be part of a plan that includes a 20% cut in tax rates across the board, continuation of upper income tax cuts that Obama wants to end and a comprehensive tax overhaul plan that the Republican presidential contender has so far declined to flesh out in detail. Romney says his overall plans would invigorate the slowly recovering U.S. economy.
Stay tuned for the debate. Here's more of what Mitt said via NewsDay.com
The Masters believe these stocks could benefit if Mitt Romney becomes President. All kidding aside a Republican in the White House could be great for stocks, recall The Romney Rally that Could Be
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