My mortgage deduction is just as much welfare. There's no difference between it and the EITC. It's all just monkeying around with tax rates based on what is supposedly a benefit to society. Calling it welfare just means, "I don't happen to like this tax credit."I think mortgage deductions incentivize people to buy houses they cannot really afford, and I do think it shouldn't exist. But it really is just middle and upper-middle class welfare.
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