Rep John Dingell (D-MI) has introlduced a bill today that will elliminate the mortgage interest deduntion on your home if it is 3000 sq ftor over. Way to go get those McMansions, no one needs 3000 sq ft to live in. National Association of Home Builders reports that homes of over 3000 sq ft are one of the few areas still experiencing growth: this bill should take care of that! |