Increases to the standard deduction or reductions in other itemized deductions also reduce incentives to give by reducing the number of taxpayers who itemize their deductions. (taxpolicycenter.org)
If the cost of your interest and taxes isn't enough, when combined with other itemized deductions, to exceed the standard deduction you're entitled to receive, then buying a home won't do you any good from a tax perspective. (fidelity.com)
Increases to the standard deduction or reductions in other itemized deductions also reduce incentives to give by reducing the number of taxpayers who itemize their deductions. (taxpolicycenter.org)