With all the class warfare rhetoric of late, a popular “subsidy” to knock of late is the mortgage interest tax deduction. One of the largest constituents arguing for removal of this tax deduction is of course – renters. See renters often cite the notion that they are in effect subsidizing homeowners by way to the […]
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How would you feel if the mortgage interest deduction on homes were eliminated tomorrow? If you’re a renter, you probably wouldn’t care. But if you’re a homeowner, especially one with a sizable mortgage payment, that might give you pause, right? I couldn’t help but notice in this recent WSJ.com article that the “Deficit Commission” is […]
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