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There Are Several Features in the Federal Income Tax That

Question 29

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There are several features in the federal income tax that encourage home ownership.List those features and show how they provide subsidies for homeowners.Explain how the price of housing might be affected if all these subsidies were eliminated.Why has the reduction in marginal tax rates in recent years reduced tax expenditures that subsidize home ownership?

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There are several features in the federa...

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