Tag Archives: Alan Simpson

The mortgage tax deduction and why it should go

By Mark | November 14, 2010

Yesterday, in a post about the President’s Commission on Fiscal Responsibility, I mentioned that co-chairs Alan Simpson and Erskine Bowles suggested, amid a long laundry list of federal programs to be cut, the elimination of the mortgage tax deduction. While I deduct my mortgage interest when calculating my taxes each year, just like everyone else […]

Posted in Economics, Environment, Politics | Also tagged Brandon Zwagerman, Bush tax cuts, Erskine Bowles, estate tax, home buying, home ownership, McMansions, mortgage interest tax deduction, Murph, National Commission on Fiscal Responsibility and Reform, social engineering, sprawl, tax incentives, tax policy, urban sprawl | 28 Comments

Considering the suggestions of the Commission on Fiscal Responsibility and Reform

By Mark | November 13, 2010

Alan Simpson and Erskine Bowles, the co-chairs of the President’s National Commission on Fiscal Responsibility and Reform issued a 50-page draft proposal a few days ago, outlining what they’d recommend that we do to reign in government spending and significantly cut the nation’s deficit. They maintain that their proposal, which cuts military spending, reforms the […]