http://www.cbsnews.com/8301-505263_162-57371781/home-buyers-left-holding-bag-for-payroll-tax-cut/
No one will say who started this tax but everyone is pointing fingers. But guess who will be paying this hidden interest tax on a mortgage? It will not show up on your loan paperwork because the banks have it built in and out of sight. It's law now.
For a house costing 200,000.00 you will now have an extra tax load of over $9,000.00 more:cry: