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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 Hudson Institute for a discussion with former US Ambassador to Venezuela James Story to examine recent developments in Venezuela and assess the direction of Washington's strategy.
Please join Ambassador Greer for a fireside chat with Senior Fellow Peter Rough on the Trump administration’s first year back in office and what’s next for US trade policy.
Please join Acting Chairman of the Council of Economic Advisers Pierre Yared for a conversation with Senior Fellow Tom Duesterberg on the first year of the Trump administration’s economic agenda and the key factors shaping the US economy’s outlook.
