Detailed text transcripts for TV channel - MSNBC - 20170805:13:49:00
That people who write off the mortgage -- the interest costs of their mortgage on their tax, that is, they itemize and they deduct their mortgage interest costs on their tax, they're going to not be able to take that deduction, and their tax liability will go up. now, that doesn't mean it's a bad idea. the republicans are look iing a that, kind of in the upper chunk of the wage scale. but nevertheless, politicians often make a run at this, and they one right into the real estate industry and they run right into a lot of kind of affluent homeowner who is don't like it. that doesn't mean it's a ...