
Do Homeowner Tax Breaks Cause Homelessness?
Money For the Rest of Us
00:00
The Tax Code and Housing Choice Vouchers
In 2014, the federal government provided $140 billion of preferential tax treatment by allowing homeowners to take a tax deduction for mortgage interest and property taxes. Higher income can afford bigger houses as the developers are building because they get a tax break on their mortgage interest. A primary way, preferred way is the Housing Choice Voucher program. The US government spends $18 billion a year on that in 2014.
Transcript
Play full episode