David McWilliams’ article on rent control (1/11/2015)was rather short of the kind of intellectual consideration or real-world details that I would expect from a serious economist. Which tax breaks does he propose to scrap, apart from the interest expense deduction?
The proposal to scrap the mortgage interest deduction is indeed curious, as interest expense is normally 100 per cent deductible for all kinds of companies, whether it’s an infrastructure investor building a toll road...
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