Forum (Forum & Focus)
Apr. 23, 2009
The Problem With Single-Mindedness
The fact that our tax system is biased in favor of single-family dwellings means that newer cities like Los Angeles tend to be spread out and inefficient, writes Theodore P. Seto.
FORUM COLUMN
By Theodore P. Seto The home mortgage interest deduction is probably the single most sacred provision in the Internal Revenue Code. I remember when, in 1986, Congress flirted briefly with the idea of repealing it. The secretaries at my law firm - normally an apolitical bunch - marched through the halls yelling revolutionary slogans. Congress backed down the next day. So I'm taking a bit of a risk suggesting that the home mortg...For only $95 a month (the price of 2 article purchases)
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