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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]OP, in theory I have no problem getting rid of the mortgage tax deduction but in practice it would hurt a lot in the short run. If we could phase it in I would be willing to do it. It really is such a free ride for homeowners. I love how people moan about the poor getting handouts when the mortgage tax deduction allows me to deduct business trips, my internet connection and computer gear and even books I buy related to work. [/quote]
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