In response to:

Time to Get Rid of Tax Preferences for Housing in the Internal Revenue Code

carlos j. Wrote: Dec 21, 2012 6:10 PM
Daniel Mitchell is not Scrooge, he is SCREWED up in his thinking! The Mortgage deduction impacts more on our economy than any other in the IRS code. Just think of all the household goods that would not be needed and therefore not manufactured leading to unemployment . It is the unintended consequences of mean well actions that result in negative results.(remember Prohibition) I am all for freedom of speech and freedom of the press, but please think before speaking or writing.
Cobranut Wrote: Dec 22, 2012 3:20 AM
People will still live SOMEWHERE. Whether they rent a house or an apartment they'll still need all the same appliances and household goods, so your point is moot.

Even though I knew some people would call me Scrooge, I wrote a few days ago about why we should get rid of the tax deduction for charitable contributions in exchange for lower tax rates.

Simply stated, I’m a big advocate of fundamental tax reform, and I would like to scrap the corrupt internal revenue code and replace it with a simple and fair flat tax.

Needless to say, that also means getting rid of tax preferences for housing. I make the case against...