BISHOP LEADS FIGHT TO PROTECT MORTGAGE INTEREST AND CHARITABLE GIVING TAX DEDUCTIONS

BISHOP LEADS FIGHT TO PROTECT MORTGAGE INTEREST AND CHARITABLE GIVING TAX DEDUCTIONS

Patchogue, NY – August 8, 2012 – (RealEstateRama) — Congressman Tim Bishop is leading the effort in Congress to protect the tax deductions for mortgage interest and charitable contributions from being reduced or eliminated next year. Last week, Bishop offered an amendment to preserve the deductions in a tax reform package to be considered under expedited procedures in the House in 2013; however, Bishop’s amendment was defeated on a party-line vote

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