In the contentious debate over whether to reduce or eliminate the home-mortgage interest tax deduction — or leave it alone — one fact has been virtually unchallenged: The popular write-off used by millions of American owners costs the government massive amounts of revenue, somewhere in the range of $100 billion a year.
Their findings: The mortgage write-off costs tens of billions of dollars less than the government previously believed.
Boston paper defends mortgage tax deduction
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