Since the 1980's the general public has not been able to be eligible to take the interest rates on credit cards for example as a deduction off on your taxes correct..............because of this BS..............
"With the Tax Reform Act of 1986, the government stopped allowing a tax deduction for consumers on credit card interest payments, arguing that the deduction encouraged growing consumer debt................"
So why do republicans want to eliminate the mortgage interests rates deduction from your taxes............well Ron Wyden senator from Oregon has the answer.................
And is it correct to assume that when (D) Ron Wyden posted this on Blue Sky.........
https://bsky.app/profile/wyden.senate.gov/post/3lfxn6ducdc24