Seriously. It does nothing of the sort. So, I'm assuming that you picked that up from Beck or Rush?
Is it imperfect? Yes. But it does NOTHING of the sort that you claim.
The level of debate in this nation is now officially below the level of decent bumper stickers.
The mortgage interest deduction is the American way!
apdst's statement, “you can kiss it good buy,” is right. It was a good buy.
“Real environmentalists live in cities, and they visit what's left of the wilderness as gently and respectfully as possible.” — Donna Moulton, letter to the editor, Tucson Weekly, published on August 23, 2001
I would say we are far more likely to see a surprise attack by the Canadians than see a serious bid to overturn the mortgage interest deduction inside a progressive income tax code. Even in the extremely unlike event of a water landing (or mortgage interest deduction elimination), they would grandfather existing homeowners.