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(Image from article: "Tax deduction for mortgage interest could be on the chopping block")

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Report: Some lose homes over as little as $400

The elderly and other vulnerable homeowners are losing their homes because they owe as little as a few hundred dollars in back taxes, according to a report from a consumer group....

Tax deduction for mortgage interest could be on the chopping block

It's been around since 1913, but its time may be up. Such a change would generate billions of dollars in federal revenue that could be used to cut the deficit while inflicting little pain on most middle-class homeowners.

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