There has been speculation about homeowners losing their mortgage interest tax deduction. No one says anything about all the people getting a deduction for second homes and RVs. Does the RV business really need the government to prop them up?
I don’t see why the public should have to give those who have the money to buy what they call second homes this tax break. I can’t even imagine how much money this has cost in tax revenue. Why do we have this tax loophole all these years, and it never gets mentioned?