Among the objections to the plan cited by its opponents is a limitation or elimination of the deduction for state and local taxes. (easthamptonstar.com)
But she says the wholesale elimination of the deductions would have a devastating impact. (wrvo.org)
The real estate industry argues that any abrupt elimination of the deduction would damage a fragile economy, cause home prices to drop and prevent some people from becoming first - time homebuyers. (rismedia.com)