Home mortgage interest deduction is unevenly used per the NY Times.

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The home mortgage interest deduction remains under attack. This report claims that it is high income homeowners who benefit from the deduction.

A new report from the Pew Charitable Trusts reinforces what many economists have been saying for some time: the mortgage interest deduction primarily benefits high-income homeowners.

And just why is that?  Because higher income homeowners itemize their deductions. Read the full article here to understand the animus towards the deduction.

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