4 ms·

Your mortgage is a low interest loan. Should we tax your mortgage as income?

• lupire 5y ago
  Yes, but deduct the house that the loan buys as an expense.
  • imgabe 5y ago
    Then if you take a $500 million loan backed by your stock holdings to build a yacht, why not deduct the yacht as an expense?
• triceratops 5y ago
  The house the mortgage paid for is taxed.
  • cycrutchfield 5y ago
    I assume you're talking about property taxes, which is not really what we're talking about here.