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News Posted on December 17, 2012

Professor Ventry Comments for Media on Mortgage Interest Deduction

Professor Dennis Ventry commented on the impacts of the mortgage interest deduction for the Los Angeles Times and the North Carolina newspaper The Pilot. As federal budget problems persist, increased attention has been focused on the possibility of reducing the mortgage interest deduction, a subject area in which Professor Ventry has written extensively.

"Law professor Dennis J. Ventry, of the University of California, Davis, says the evidence strongly suggests that the deduction artificially inflates prices in the marketplace by making it possible for people to buy homes that they otherwise might not have been able to afford. This has to be considered one of the major factors that helped fuel the disastrous economic recession from which the nation is still trying to recover," writes The Pilot.

"If we really care about home ownership, then the deduction is just the absolute wrong way to go," comments Professor Ventry in the Los Angeles Times.

Professor Ventry is an expert in tax policy and legal ethics. His research interests include tax expenditure analysis, family taxation, professional responsibility and standards of care, tax filing and administration, tax compliance, public finance, and tax and legal history. In addition, he was recently added as a co-author on the casebook, Legal Ethics and Corporate Practice.

The Pilot

Los Angeles Times