• JasonDJ@lemmy.zip
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    3 days ago

    We get tax deductions on interest paid on mortgages. They should not be getting tax deductions on their full repayment.

    • DreamlandLividity@lemmy.world
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      3 days ago

      The tax deductions are meant to offset the tax on the loan. You don’t get your loans taxed as income so you don’t get full deduction on repayment. They wouldn’t pay less than you overall in my proposal.