Quote:
Originally Posted by JurisDictum
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That's true. I guess My line between poor and middle class tends to be more poor/middle and upper middle class in my head these days. How are you Republican types OK with that BTW? It's a big deal for anyone that ever can slowly pay off a house.
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Personally I own my house and have benefited from the mortgage interest deduction. But I would rather have a simpler tax code with lower rates overall. And why are the bleeding hearts not complaining about how regressive the mortgage interest deduction is? Renters have to suck up and pay rent with no tax benefits, but own your home and get a big tax benefit? Oh yeah, that might lose your side votes, can't have that.