The Mudcat Café TM
Thread #118625 Message #2566048
Posted By: GUEST,HiLo
13-Feb-09 - 12:12 PM
Thread Name: BS: Reduce All Mortgages' Principal, TIME
Subject: RE: BS: Reduce All Mortgages' Principal, TIME
It might be much better if mortgage interest were not a tax deduction. Homeowners would have more incentives to pay down debt and accumulate equity in their homes.