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2012-12-07 — mortgagenewsdaily.com

``Katz does not suggest eliminating the deduction entirely; many economists have called it the single largest deduction available to much of the middle class, but rather reviews several suggestions to rein it in... Any of these proposals, Katz says would raise billions in tax revenue for deficit reduction and investment and create a fairer balance in benefits among lower, middle, and upper income homeowners.''

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