Like many of you, I rent and do not own a home. Which means, that like many of you, my tax dollars are subsidizing people who have chosen to purchase a home (via the mortgage interest tax deduction). Why? Well our country feels that we should encourage home ownership and policies to that effect have worked out very well in the recent past.
Oh wait, no they completely fucked the entire economy by encouraging leveraged bets on housing.
For some better put together arguments on this bad boy, please see Ed's recent piece.
[via Felix]
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