Search This Blog

Sunday, November 14, 2010

Panel Seeks Social Security Cuts and Higher Taxes

For many years, Canadians have not shared the mortgage interest deduction from their income taxes, yet their rate of home ownership is identical to that of the US (about 68%) [Panel Seeks Social Security Cuts and Higher Taxes, New York Times, November 11, 2010].

We probably will not harm the housing market if that benefit is withdrawn gradually.


Sent to New York Times

No comments: