[scarface74]

You're putting the poor in an awfully tight position there. Between no tax deduction for a mortgage and paying the same property tax (what you call land value tax) for their trailer as the mansion next door, they're kind of getting screwed.

Poor people don’t benefit from the mortgage interest deduction. With todays low interest rate, you have to have a mortgage of over $300,000 to have more than the $120000 standard deduction in interest.

With the median household income being $60,000 a year, it would be nearly impossible to come up with a scenario where many would itemize deductions after mortgage interest, state taxes and property taxes.