August 13, 2017
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10:11Now PlayingTrump is planning on killing a key middle class tax deduction to pay for corporate tax cuts. Ana Kasparian, Jimmy Dore and Steve Oh, hosts of The Young Turks, discuss. Tell us what you think in the comment section below.
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"A tax break popular with homeowners and the real estate industry could take a hit as Republicans look for ways to pay for their tax reform plan.
Despite promises from the Trump administration in April that it would “protect the homeownership … deductions,” multiple sources tracking tax reform said that the cap on the mortgage interest deduction — currently set at the interest on up to $1 million of mortgage debt — could be lowered in tax reform.
That would be a slap in the face to an industry that strongly supported President Donald Trump during his presidential bid: He overwhelmingly won a straw poll by the National Association of Realtors during its annual meeting last year.”*
Hosts: Cenk Uygur, Ana Kasparian
Cast: Cenk Uygur, Ana Kasparian
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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