Want to create an interactive transcript for this episode?
Podcast: Cascade CounterPoint
Episode: QP: Oregon Secretary of State Says No “Clear Purpose” for Mortgage Tax Deduction
Description: Full Text: This time they’re coming for your home. Earlier this month, Oregon’s Secretary of State released an audit of Oregon’s mortgage interest tax deduction. According to the audit, the tax deduction is “regressive and inequitable.”
This audit is unusual in that it calls into question policy decisions made by the legislature. In particular, it claims that the deduction has no “clear purpose.” Incredibly, the audit recommends that the legislature come up with a clear purpose and direct a state agency to make sure the tax deduction is meeting that clear purpose.
It is well kno...