At first glance, a monetary value of deductions is equal to the marginal tax rate times the sum of the deductions. (mortgagecalculator.biz)
Not good thinking when you consider the small net value of the deduction versus the huge net loss on the death benefit. (hinermangroup.com)
NAR has made it clear to lawmakers it will resist efforts to eliminate or curtail MID, and it has come out against proposals that have been circulating in Washington for several years that would effectively eliminate the incentive value of the deduction for most home owners by raising the standard deduction. (nvbr.com)