Donald Trump

Will GOP tax plan put more money in borrowers’ pockets?

     
Will GOP tax plan put more money in borrowers’ pockets?

President Donald Trump will likely wait till January to sign into law the $1.5 trillion tax plan crafted by Republicans that will change how homeowners deduct interest from their mortgages. The plan also cuts individual tax rates and creates new tax brackets, key measures touted as boosting taxpayers’ paychecks as soon as next year.

Although he wanted to unveil a new tax bill by Christmas, pundits say Trump will delay signing the bill to avoid spending cuts to popular programs, including Medicare.

Continue reading Will GOP tax plan put more money in borrowers’ pockets? at Movement Mortgage Blog.

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