I'm all for dropping the mortgage deduction, and charitable deductions as well. But lower the over-all tax rate after that.
One doesn't work without the other, not to mention you will kill the housing industry, why buy and have to maintain the home, this one is anti growth....
I think people should be able to write off expenses related to market consultation services. Failing to allow people to write off such expenses will kill the industry.
My neighbor owns a restaurant franchise (true story!). He thinks people should be able to get a tax deduction for money they put on their credit cards at chain restaurants. Failing to allow people to deduct restaurant expenses will kill the industry.
The guy down the street is a plumber. He thinks people should...well, you get the point.
Back in the old days you could deduct any interest payment. Reagan elminated that. And industry survived.