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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (187693)4/26/2012 7:51:51 PM
From: KyrosL  Read Replies (1) | Respond to of 542907
 
I would eliminate all mortgage deductions. There is no reason to favor housing "investment", which is really consumption, over other productive investment. For most homeowners the mortgage deduction is hardly worth anything, since it is typically less than the standard deduction.



To: bentway who wrote (187693)4/27/2012 9:38:13 AM
From: Fiscally Conservative  Read Replies (1) | Respond to of 542907
 
Aghhhh, I'm under the impression there is no 'mortgage interest deduction' on second homes only primary residences.


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