Monday, November 29, 2004

Will 'simplification' kill the mortgage interest deduction?

Will 'simplification' kill the mortgage interest deduction?: "What he said next was artfully ambiguous: 'One of the interesting debates will be, of course, in the course of simplification, will there be incentives in the code: charitable giving, of course, and mortgage deductions are very important. As governor of Texas, when I -- sometime I think I was asked about simplification, I always noted how important it was for certain incentives to be built into the tax code, and that will be an interesting part of the debate"

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