But there is no public justification for effectively lowering the cost of home ownership via the tax code.

FORBES: Raise Taxes To Clinton-Era Levels? How About Spend At Clinton-Era Levels?

For example, by allowing homeowners to deduct mortgage interest payments, the Code promotes home ownership over renting.

FORBES: The Fiscal Cliff And A Call For A Simpler Internal Revenue Code

Bankruptcy, though trumped up by bank and car bailout apologists as code for disappearance, really only means a positive change of ownership.

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