138-Masterclass on 529 Plans a.k.a. Qualified Tuition Programs - Part 1
Radical Personal Finance
00:00
The Tax Code Is Built to Incentivize Home Ownership
Tax code incentivizes home ownership by giving a deduction for real estate mortgage interest on a primary residence. We've decided that it's in the best interest of this nation that people save to fund a retirement. And so that's why tax schemes such as i r as four, o one k plans, pension plans, why these have the tax rules they have. Now would the population just simply give up that benefit and allow for a tax increase without raising a raucus about it? It's very difficult for me to conceive that people are, you know, most people have four or one case,. Most people have i ras. In the us. System, you're promised a certain benefit.
Play episode from 43:45
Transcript
