Lawmakers Debate Tax Break For Second Homes

Lawmakers Debate Tax Break For Second Homes

0 0 about 1 month ago
Should high-income homeowners and people who own more than one home continue to get tax breaks? Some Democratic lawmakers in Salem want to get rid of the mortgage interest deduction for people who own second homes and for those who earn more than $250,000 a year. Republicans who opposes the change say it opens the door to eliminating a tax break that is key to incentivizing home ownership. We hear from Rep. Alissa Keny-Guyer, D-Portland and Rep. Jack Zika, R-Redmond.

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