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TAX FOUNDATION TO TARGET MOM, APPLE PIE?

September 27, 2005

Why not, if they can take on the home mortgage interest deduction:

What's the economic case against it? Simple: by giving a tax subsidy to housing, it distorts investment decisions toward houses and away from assets like factories and equipment that are more productive at the margin. And that makes workers less productive, ultimately lowering wages and making society poorer.

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