Home Mortgage Interest Deduction is Pure Poetry

American taxpayers may worry they’ll lose their most hallowed deductions like home mortgage interest, charitable contributions, state taxes or pension plan contributions. Given how ingrained the mortgage interest deduction is in the American psyche, I doubt that one will go. Besides, the U.S. housing market has already had to contend with a great deal of turmoil.

http://www.forbes.com/sites/robertwood/2012/03/13/home-mortgage-interest-deduction-is-pure-poetry/

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