Thursday, June 28, 2007

Tax Simplification

I don't know about the rest of the MojoWire editors, but here's an idea for income tax simplification that I've long favored, and which I think now is a good time to issue a routine reminder to that effect:
Let's Abolish The Mortgage Interest Deduction!
Yes, I know that's an unpopular proposal. I don't care. It's a good idea. It's a defensible idea. Progressives ought to embrace it and engage with the opposition over it.

That is all.

Update (okay, that's not all...): Jason Furman concurs. Oh, and this piece by Roger Lowenstein is worth reading. Finally, have a look at this.

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