Tag Archive: home mortgage interest deduction


Homeownership is Over-rated: Did Homeowners in Atlantis enjoy being Underwater?

For years the US federal government has been obsessed with increased home ownership.  This obsession has led to the slowing of the US economy.  The problem began with the creation of the income tax in 1913 that excluded interest payments on all debt from being considered taxable income.  In 1986 that personal interest deduction was …

Continue reading »

Permanent link to this article: http://new.wkubbtcenter.com/2011/10/03/homeownership-is-over-rated-did-homeowners-in-atlantis-enjoy-being-underwater/