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Reply to "We're doing a mortgage refi at 3.75% -- someone tell me why that interest should be deductible?"
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[quote=Anonymous]Easy answer: Most mortgage holders cannot refinance at a rate like that. More complex one: sure, that is questionable policy. As is having close to half of all adults pay no income taxes. Good policy is not about sound bites, but painful decisions. And our tragedy is that neither party seems serious about it.[/quote]
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