To: President Donald Trump, The United States House of Representatives, and The United States Senate
save the mortgage interest deduction
please do not remove our mortgage interest deduction. you will remove the incentive to buy a home and home prices will certainly drop, also it will kill any momentem we have had so far . killing housing will kill the economy
Why is this important?
im starting this petition to keep the government from stopping the mortgage interest deduction . they will remove incentive to purchase a home , slowing the housing market , prices will drop again , the ecomomy will falter and go into resession. only investors will be buying houses to rent out , since so many people will be renting , the supply and demand will cause rent prices to spike. the rich get richer again . please sign if you like your deduction . personally i will lose about a 10,000.00 deduction per year for my home and my rental property . instead of a refund i will be owing more taxes at the end of the year . seems like they are continuously taking from the responsible hard working people to give to the ones that arent .