- Target:
- MN Homeowners Alliance
- Region:
- United States of America
- Website:
- mnhomesmatter.com
The Mortgage Interest Deduction has been in Minnesota’s tax code since 1933 – that’s over 80 years!
It was inserted into the tax code 20 years after Congress created the Revenue Act of 1913, which provided for a general offset for all interest on indebtedness.
Over the years, the tax code has changed but the Mortgage Interest Deduction has remained a valuable tool to help Minnesotans obtain homeownership. Homeownership helps our communities, our schools and our quality of life. Families purchased homes understanding that the MID was there for them.
Let’s keep the MID promise for years to come.
As you and your colleagues work on Minnesota’s budget this session, I urge you to remember: Minnesota Homes Matter.
The housing market is recovering. Possible changes to the Mortgage Interest Deduction could set the housing market back. This could affect not just me and my home but also my community and hurt our recovering economy.
That’s why I’m adding my name to ask you to protect the Mortgage Interest Deduction because Minnesota Homes Matter!
You can further help this campaign by sponsoring it
The Protect the Mortgage interest Deduction petition to MN Homeowners Alliance was written by Minnesota Homeowners Alliance and is in the category Government at GoPetition.