Home / Tag: Home ownership
Tuesday, April 9, 2013 01:15 pm
It’s tax time, and the hunt for deductions is on. Back in 2009, I griped about the folly of the federal tax subsidy to home owners in my column, “Just extra money.” The deduction for home mortgage interest favors families spending more money on more house, because the more they pay in interest, the more they reduce their taxable income. According to a report from the Center for Budget Polici...

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