Homeowners' mortgage interest tax deduction is an example of a tax expenditure.

Name: Homeowners' mortgage interest tax deduction is an example of a tax expenditure.
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The mortgage interest tax deduction is considered a tax expenditure because it allows homeowners to reduce their taxable income and effectively lowers the amount of taxes they owe to the government. It is considered an expenditure because it reduces the amount of revenue that the government would collect if it did not exist.

Homeowners' Mortgage Interest Tax Deduction Is an Example of a Tax