Congress Considers Phasing Out Mortgage Interest Tax Write-Offs for Large Homes

"[Michigan Congressman John] Dingell's plan would impose stiff new taxes on gasoline (50 cents per gallon to start) and a $50-per-ton tax on coal, petroleum and natural gas, plus the mortgage interest deduction clampdown." All in the name of fighting carbon emissions, of course. The central planners won't be happy until we?re all living in mud-huts.