11 votes
Lower home mortgage tax deductions
This would need to be done very slowly and carefully, but we shouldn't be encouraging people to carry such huge home mortgage loans forever. Perhaps we just notch the deduction down by 2% per year.
M.C. Lee
Good idea, but take it further. Have a sliding scale deduction such that the higher the original mortgage, the lower the deduction. Then raise the deduction at small percentages if the property devaluates.
12 days ago