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 […]
Tag Archives: home ownership
The mortgage tax deduction and why it should go
Posted in Economics, Environment, Politics | Also tagged Alan Simpson, Brandon Zwagerman, Bush tax cuts, Erskine Bowles, estate tax, home buying, McMansions, mortgage interest tax deduction, Murph, National Commission on Fiscal Responsibility and Reform, social engineering, sprawl, tax incentives, tax policy, urban sprawl | 28 Comments