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Measuring The Size And Distributional Effects Of ... - KnowledgePlex - Content Knowledgeplex
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E size of the current tax expenditure to homeownership, as well as its vertical and horizontal distribution. The authors construct a model of homeowner tax preferences that includes net implicit income and that explicitly models the complex interaction among standard deductions, nonhousing expenses, and household mortgage debt. Then the authors estimate annual tax savings from homeowner tax preferences by individual household, by income class, and in the aggregate. Including the nontaxation of n.
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