The Fake Third Rail of Tax Reform
20 Pages Posted: 12 Apr 2012
Date Written: April 11, 2012
This article condemns the mortgage interest deduction for its inequities, inefficiencies, ineffectiveness, and cost. In the process, it exposes the deduction as the fake third rail of tax reform, and provides policymakers ample justification for putting the tax code’s sacred cow out to pasture and replacing it with a tax credit for homeownership.
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