re: #202 JasonA
Yeah, you really can’t get rid of that deduction. I say just add a renter’s deduction and be done with it. :)
It doesn’t strike me as a good solution. The idea was to encourage home ownership on the (I believe) unsubstantiated theory that homeowners make better citizens. The fact that the government will help pay your mortgage has probably just allowed housing prices to rise in much the same way that most families having 2 incomes did.
I’m sure there is a reasonable way to phase the deduction out, but not the political will to do it.