Edited sentence: Because of the lack of taxpayers that actually use the mortage interest deduction instead of the standard deduction, more homeowning taxpayers will be helped with FairTax.However, with interest payments not taxed under the FairTax, mortgagees will get a tax effect that is similar to the current mortgage interest deduction.It should be noted that under the current system no deductions are ever taken for payroll taxes.Mortgage payments (principal and interest) will be made with pre-tax dollars that would eliminate the NEED for a "deduction"