Kanas Governor Proposes Elimination of Mortgage Interest Tax Deduction in New State Budget Proposal.

Kansas City Star story HERE.

Governor's Budget document is HERE.

For the record, I'm not a fan of Governor Brownback and there are likely portions of his budget that I would have big problems with [for example, eliminating individual state income tax on non-wage business income (e.g., from LLCs and S-corps)]. 

With that said, it IS a bold measure to propose in his budget the elimination of the mortgage interest and other tax deductions.

Originally created and posted on the Oregon Housing Blog.