The Mortgage Bankers Association of America is appealing to homeowners in its fight against a flat tax that would eliminate the mortgage interest deduction.

A new study by the Washington-based Secura Group, done for the trade association, shows that low-income taxpayers would pay 2.5 times more in taxes if a 20% flat-tax proposal, introduced by House Majority Leader Dick Armey, R-Tex., were enacted.

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