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View Diary: Romney's Plan Would End Mortgage Interest Deduction (131 comments)

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  •  In a perfect world, mortgage interest deduction (6+ / 0-)
    Recommended by:
    TomP, cardinal, Cedwyn, ozsea1, slouchsock, JesseCW

    should go away.  I think there are better ways of encouraging and supporting home ownership.  Like, for example, tax-free savings accounts that can only be used to buy a first home.

    That said--if it's just going to be used as a club to wring more money out of middle-class earners, and redistribute it to the wealthy, I wouldn't support getting rid of it.

    Barack Obama is not a secret Marxist class warrior who wants to redistribute wealth in America. But I'll still vote for him, anyway.

    by looty on Wed Jun 20, 2012 at 09:47:53 AM PDT

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