[To Joseph Farah:] While some of what you said is true about mortgage deductions is true, let me point out a few things [“No more mortgage-interest deduction”].
I built a new house three years ago. I took into account the low fixed interest rates, the mortgage deduction, other things. You want to change some things, fine. But don’t pull the rug out from under me based on my expectations of what has been in place for years. The same for getting rid of charitable deductions, health-care expenses, etc.
As a homeowner, business owner and having a small farm, I make financial decisions based on past policy and expected future policy. As a business owner, uncertainty is the last thing I want in the tax code. It’s tough enough to be a sawmill owner in Kansas.
Practically speaking, our tax code is not going away.