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Interest Paid on Home Mortgages Is Deductible from Individual Income

Question 110

Multiple Choice
Interest paid on home mortgages is deductible from individual income taxes.When comparing home owners and renters, the mortgage interest deduction is an example of

Interest paid on home mortgages is deductible from individual income taxes.When comparing home owners and renters, the mortgage interest deduction is an example of


A) the benefits-received principle.
B) the ability-to-pay principle.
C) the horizontal-equity principle.
D) how the tax code is used to attain a social objective.

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