How is it a tax PENALTY? You have to spend money on interest to have a portion of that reduced in taxes. It's not a penalty. It's not a 'tax penalty'. You'r

How is it a tax PENALTY? You have to spend money on interest to have a portion of that reduced in taxes. It's not a penalty. It's not a 'tax penalty'. You're keeping more of your money by not paying interest, and pay normal taxes on those. It's not a penalty. That's really bizarre (although unfortunately, common) thinking.