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The recommendation of the National Commission on Fiscal Responsibility and Reform to repeal the mortgage interest deduction has attracted support across the political spectrum. Yet neither the Commission itself nor most commentators have stopped to assess the implications of such a major change in the tax laws.
Owning your own home has often been considered a central aspect of "The American Dream." How would repeal of the mortgage interest deduction affect homeownership for middle-income American families? What would be the social implications of repeal? How much tax revenue would repeal actually produce?
To address these important issues, Hudson Institute invited a leading member of the House Financial Services Committee, Rep. Rubén Hinojosa, and a panel of distinguished experts who have written and spoken about the mortgage interest deduction from diverse points of view.
Join Zineb Riboua, research fellow and program manager at Hudson’s Center for Peace and Security in the Middle East, for a conversation with Mariam Memarsadeghi, a senior fellow at the Macdonald-Laurier Institute, and Dr. Ladan Boroumand, cofounder of the Abdorrahman Boroumand Center. They will examine Iran’s resistance movement and shifting political landscape to identify the implications for regional stability.
Hudson will welcome Senators Mark Kelly (D-AZ) and Todd Young (R-IN) to discuss their proposal to restore America’s shipping and shipbuilding industries to help deter Chinese aggression.
