The Democratic Party will hold a two-day debate event, starting tonight. It's time to brush up on the positions of the leading candidates on policies and politics relate to housing, climate change, and infrastructure.
The current mortgage interest deduction is $1 million. The House version of the tax bill called for a $500,000 cap while the Senate left it untouched. They split the difference and capped it at $750,000. Congress is expected to pass H.R. 1 this week
If we really want more people to use transit, and we think it's a worthwhile goal to subsidize people's commutes, why go through all the trouble of tax deductions and employer control? Why not just subsidize transit passes directly?