On feeding the goose................................

.....................................that lays the golden eggs:

Arnold  "But I find the whole notion of how the tax system should and should not work to give me a headache"  Kling points to a different notion about the deductability of mortgage interest. 

 Faithful readers may have forgotten, but this blog (that ostensibly should have something to do with real estate) has parted ways with the National Association of Realtors over their supposed sanctity of "mortgage interest deduction."   This blog posits that if every trade organization and interest group defends to the death their special treatment under the tax code, then no real reformation or simplification of the Code will ever be possible - which looks like a bad thing from here.  Have to ponder this one for a while.