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The home mortgage interest deduction is the same thing, mathematically. Is Harvard also being subsidized by the Feds via rich professors living in Cambridge?
by twoodfin 3y ago
The home mortgage interest deduction is the same thing, mathematically. Is Harvard also being subsidized by the Feds via rich professors living in Cambridge?
- ElevenLathe 3y agoYes!
- twoodfin 3y agoOK well, now all government benefits (and roads, and defense, and NIST, …) are “subsidies”, and it’s not clear why taking advantage of one—by Harvard or anyone else—is somehow counter to the reason the government is spending the money in the first place or otherwise worthy of scorn.
- ElevenLathe 3y agoNow you've got it. We're a democracy and we tax ourselves to buy things for ourselves.