In response to:

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

Sheryl14 Wrote: Dec 21, 2012 10:35 AM
I still see owner-occupied buyers as wanting a home if their own even without the MID. The MID is a secondary benefit to all the others, including what is usually appreciation after some years.

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...