restoreliberty Wrote:
Nov 09, 2012 7:39 PM
Actually the mortgage tax deduction A) only applies to the interest and it is only a partial deduction not a full above the line reduction in AGI and B) is in the tax code to incentify people to invest in assets that can be passed to future generations thereby giving them a hand up the middle class ladder and C) is not a welfare program because allowing you to keep more of the money THAT YOU EARN is not a handout from anyone else.