TITLE

Transition Relief for Tax Reform's Third Rail: Reforming the Home Mortgage Interest Deduction After the Housing Market Crash

AUTHOR(S)
NORVELL, NICHOLAUS W.
PUB. DATE
September 2012
SOURCE
San Diego Law Review;Fall2012, Vol. 49 Issue 4, p1333
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article presents information on reformation in the home mortgage interest deduction after the decline in housing market. It provides information on the deduction of mortgage interest that reduces taxable income by an amount directly proportional to the interest of tax payer. It states that though homeownership provides societal benefits home mortgage interest deduction it is an ineffective and harmful approach to increase homeownership failing to increase homeownership rates.
ACCESSION #
86412330

 

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