1.   Forbes would eliminate all loopholes, including the popular mortgage interest deduction aimed at encouraging home ownership.

2.   Our largest housing subsidy-the mortgage interest tax deduction-is the equivalent of a voucher.

3.   Still, concern about home-buying is why Alexander charges that eliminating the mortgage interest deduction would cause a real-estate crash.

4.   The mortgage interest deduction promotes home ownership.

5.   The mortgage interest deduction, for example, subsidizes home ownership, as does the deduction for property taxes.

6.   Among its lobbying goals are preservation of the home mortgage interest deduction and reducing environmental and other regulations that can drive up construction costs, Ellingsworth said.

7.   Among the otherlaws that need to be changed, she said, are those dealing with interest deductions, transfer of assets and reporting requirements.

8.   An anti-Forbes ad, which said his flat tax plan would eliminate the home-mortgage interest deduction, also was praised.

9.   And most controversial of all, no more home mortgage interest deductions.

10.   A truly flat tax would also eliminate deductions, including the enormously popular home mortgage interest deduction, along with loopholes.