[sbMKE]

You’re an idiot if you believe that handing thousands of dollars of additional tax to the feds via elimination of the mortgage interest deduction is a good idea.

This one tax increase would gut the housing market, force down property values and force folks already on the brink due to tax increases (and de facto increases via inflation) into foreclosure.

Dumbest idea in a long time.

[RobRoy]

>>You’re an idiot if you believe that handing thousands of dollars of additional tax to the feds via elimination of the mortgage interest deduction is a good idea.<<

I agree, I would be. ;)

I believe in eliminating deductions AND lowering the tax rate at the same time. Seems to me Reagan did that. And tax revenues actually increased.