3 ms·
>>* remove the mortgage interest deduction >So what's your goal here, given that historically this was the single biggest tax benefits to the (ever-declining)
by msluyter 5y ago
>>* remove the mortgage interest deduction
>So what's your goal here, given that historically this was the single biggest tax benefits to the (ever-declining) middle class.
Weird, I've mostly read that it disproportionally helps the rich. Examples:
[1] https://www.stlouisfed.org/open-vault/2018/may/why-economists-dont-like-mortgage-interest-deduction https://www.stlouisfed.org/open-vault/2018/may/why-economist...
[2] https://www.forbes.com/sites/artcarden/2019/06/28/should-we-get-rid-of-the-mortgage-interest-deduction/?sh=3d9ff37e69b4 https://www.forbes.com/sites/artcarden/2019/06/28/should-we-...
[3] https://fivethirtyeight.com/features/the-tax-deductions-economists-hate/ https://fivethirtyeight.com/features/the-tax-deductions-econ...
- deleted 5y ago[deleted]