Dingell seeks to omit tax breaks on larger homes

Owners of homes spanning more than 3,000 square feet should be a bit excited over legislative plans of Rep. John D. Dingell (D., Mich).

An easily overlooked small Associated Press story appearing in newspapers over the weekend said Dingell plans to introduce legislation next month that would eliminate the tax deduction on mortgage interest on the larger homes. 

Dingell’s reason behind the proposal:  Discourage excess energy consumption and lessen emissions linked to climate change.

Called “Dean of the House” in serving the longest tenure in the 435-member body, Dingell, 81, represents Michigan’s 15th district.

With all the current fretting over mortgages and payments, this planned legislation will not be greeted happily by squeezed homeowners.

Grumpy Editor predicts Dingell’s proposal will trigger critical newspaper editorials around the country and cause unhappy homeowners in his district to grumble and point to commercial and industrial construction --- including manufacturing plants, office buildings and hotel expansions --- that gulp far more energy.