Abolish Mortgage-Interest Tax Deduction, But Not Now

Matt Cooper is 100% right, today, when he says that we should

abolish

the mortgage-interest tax deduction. All his reasons are good, and there

are lots more, to boot: I listed

a few of them back in May 2005. But of all the times to do it, this is probably

the worst. Let’s leave this one to the next administration, when with luck the

housing mess will have settled down a bit.

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