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Business, 22.04.2021 21:20 letsgivepece2309

The largest tax break for most Americans is the mortgage interest tax deduction, which allows homeown-ers to deduct from their taxable income the amount of money they pay in interest to finance their homes. This tax break is intended to encourage homeownership. Compare this tax deduction to a uniform tax creditfor homeownership on equity and efficiency grounds. The e icon indicates a question that requires students to apply the empirical economics principles discussed and the Empirical Evidence boxes

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