mortgage-interest

Substantial incentives for homeownership (from tax breaks to artificially low mortgage-interest rates) distort demand, encouraging people to buy bigger houses than they otherwise would.

How the Crash Will Reshape America 2009

The chairman of the National Association of Home Builders said Mr. Obama understated the benefits of itemized deductions such as the mortgage-interest break for the middle class.

President Advocates Tax Debate on Breaks, Not Rates John D. McKinnon 2011

And of course the tax deduction on mortgage-interest payments (which had existed since 1913, when the federal income-tax system was created) privileged house purchases over other types of spending.

How the Crash Will Reshape America 2009

The Bidens claimed a $30,000 mortgage-interest deduction.

Obamas' Federal Tax Bill: $453,770 Jared A. Favole 2011

But why not lower the ceiling on the amount of principal eligible for the mortgage-interest deduction from the current $1 million to $500,000?

Peter Dreier: Want to Help Homeowners? Replace the Mansion Subsidy and Require Banks to Act Responsibly Peter Dreier 2011

The report itself stood little chance of passing -- it couldn't even get the required 14 of 18 votes on the commission -- but it heralded, many thought, a more open and honest budget debate, where things like entitlements and the mortgage-interest tax deduction could finally be discussed plainly.

2012 Budget: Like the Fiscal Commission never happened Ezra Klein 2011

That estimate includes the effects of various breaks, such as the per-child credit and the mortgage-interest deduction.

Romney Unveils Own Income-Tax Rate: 15% John D. McKinnon 2012

A big reason that rate on wages is so high is to offset the thicket of loopholes and carve-outs in the U.S. tax code—such as the mortgage-interest and state tax deductions.

Mitt Romney's 15% 2012

The global low interest rate environment has weighed on mortgage-interest earnings for Singapore banks.

OCBC Profit Falls 10% Sam Holmes 2011

The easiest and most effective way to help housing would be for President Barack Obama to swear he will never change the mortgage-interest tax deduction.

Let's Not Repeat Mortgage Mistakes 2011