Rationalize This
The home mortgage income deduction: a ridiculous subsidy to upper middle class and rich folks that will probably never go away because upper middle class and rich folks-- myself included-- will bend over backwards to rationalize it (although Britain managed to phase theirs out over a twenty year period).
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2 comments:
Do you mean those who get bigger loans, bigger houses and bigger deductions are advantaged here? It'a all big though. U should get on board with huge bigness now.
it's true, i should love the bigness. if we took a tiny bit of the money given back to fairly well off people with the mortgage deduction, we could end homelessness and get rid of the crazy section 8 voucher lottery . . .
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