I agree with Barack Obama that it's time for the wealthiest among us to pay their fair share. That's why I think now is the time to end the massive welfare program for wealthy Blue State welfare queens that those of us who rent or live in reasonably priced houses are forced to pay for.That one subsidy alone costs us $86 billion a year. And while they're at it, eliminate the deductions for property and state income taxes. It doesn't seem fair that I have to subsidize a guy in New York because his property taxes are insane and his state government is so inept and corrupt that they have an income tax. It's time for the Blue State welfare queens to quit stealing from the rest of us. They need to give back for once.
Many home buyers deduct their mortgage interest when assessing their tax bill, a perk that has helped bolster the income of millions of families - and the broader housing market.