The current debate on tax policy reform provides the ultimate window of opportunity to promote and create policy change that levels the playing field and increases wealth building opportunities and economic stability for those who need it most: the low to middle class. Tax expenditures originally designed to help all Americans build financial security favor the wealthy and mistakenly shut out those with less.
This resource, New Perspectives on Homeownership: Tax Incentives, analyzes the economic effects of various reforms to the tax treatment of housing. These reforms differ from both the current treatment of housing and most proposed reforms; they attempt to reward homeownership directly, not the build-up of additional debt.
Review this resource to see how each policy would raise home prices and make the tax code more progressive.
