I am not saying that I don't think that many folks do indeed benefit from it--like you and me. I agree with that. I am just saying that from the point of view that it is a step towards communism by capping the deduction of mortgage interest at the 28% tax bracket doesn't mean much really for the average person--just those over the 28% tax bracket. Also, historically it was at this level or higher.

Dr. Glaser from Harvard's research pointed to the non-itemization issue as a fact. I don't know what "tend not to itemize" turns into in terms of a percentage of the total population demographic, but I would assume his research would bear that out. There is a link in the post for you to follow to learn more about his research if you want.