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Tax proposal draws strong reactions here

November 2, 2005

"Benefits of the mortgage interest deduction are weighted to middle and upper-class households. In order to build more fairness into the tax code, something has to give."

-- Gary Painter, an associate professor at the Lusk Center for Real Estate, quoted in an article by By Emmet Pierce, "Tax proposal draws strong reactions here", in the San Diego Union Tribune on November 2, 2005. A presidential advisory group's proposal to limit tax breaks for homeowners yesterday drew reactions ranging from outrage to applause from housing industry analysts.