On Vox: Tax bemusement

Feb 13, 2010 15:27


Common wisdom says that owning a house is a great way to save on taxes. I've generally considered that idiotic, since instead of paying the tax man you pay the bank interest instead. Savings is a very distorted subject, clearly.

But I recently projected my next year's taxes which will be minus $15,000 in mortgage interest and property taxes and ( Read more... )

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izzytart February 16 2010, 18:30:14 UTC
i guess it's a good thing that we didn't buy a house for the tax break .. ,)

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