Wall St. Journal:  “Sacrosanct tax breaks, including deductions on mortgage interest, remain on the table just weeks before the deficit commission issues recommendations on policies to pare back with the aim of balancing the budget by 2015.  The tax benefits are hugely popular with the public but they have drawn the panel’s focus, in part because the White House has said these and other breaks cost the government about $1 trillion a year.”

Related posts:

  1. Is Your Nonprofit at Risk of Losing Its Tax-Exempt Status?
  2. Backdoor Taxes to Hit Middle Class
  3. Taxpayers Face Uncertainty in 2011 As Bush and Obama Tax Cuts Expire
  4. Obama & Dems Want to Ram a Stake in the Heart of the Residential Real Estate Market & Cripple It by Eliminating the Home Mortgage Interest Deduction
  5. Six Months to Go Until The Largest Tax Hikes in History
  6. How the Expiring Bush Tax Cuts Affect You
  7. Estimate Your 2011 Federal Income Tax with the Tax Calculator
  8. Expiration of Bush Tax Cuts Would Cost Families Thousands in 2011, Study Shows
  9. 120 Days to Go Until the Largest Tax Hikes in History
  10. Obama Tax Hikes: Higher Dividend Taxes Hurt Seniors