The Subprime Mortgage Crunch: Providing Tax Relief for Ex-Homeowners
Publication Date: September 2007
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): JD Foster
Research Area: Banking and finance
Keywords: Taxes; debt; housing; capital gains
Type: Brief
Coverage: United States
Abstract:
The President's package of initiatives, while well intentioned, is misguided. A better approach would be to correct the tax treatment of cancelled mortgage debt.
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