"In the first place, I have not decided on any specifics of a tax reform package at all. I've certainly not decided on eliminating credits for interest paid on homes or property taxes paid for homes. During the political campaign, I promised that there would not be a reduction in the stimulus for American families to own their own homes, and if there should be any change it would be compatible with that commitment of mine. Now, I have some doubt about whether this same level of interest rate deduction should be applicable to a $500,000 home or a second or third or fourth home for very wealthy families, as contrasted with the average American working family who's trying to pay for one home in which they live. Also, you have to remember that if the credit is on a percentage basis, then a family that has a $15,000 income, if given a certain amount of credit for interest, only gets, say, 20 percent of that interest payment credited on their tax. But if you're in the 70-percent bracket, you get 70 percent of any interest that you pay on your home. So, equalizing those homeownership credit incentives is part of the package. But it will not hurt the average family in trying to purchase or pay for their own dwelling place."