Very interesting article with detailed information on Leverage. It really addresses the question of when Leverage will be good and when it will be bad.
Right now, the Federal Treasury office is making consecutive tax hikes with the purpose of controlling inflation. This really discourages buyers of goods like homes and cars since the bigger interest rate makes the mortgage payments high and unaffordable.
By the same token, will it help the Fed inflation controlling effort if policymakers go with the direction of minimizing or eliminating some of the tax advantage associated with Leverage?