What action can the government of country df take to encourage citizens to purchase homes? maintain corporate tax rates raise income taxes raise property tax rates lower income taxes for homeowners

The correct answer is D) lower income taxes for homeowners.

The action that the government of Country DF can take to encourage citizens to purchase homes is lower income taxes for homeowners.

With lower income taxes, the government helps people with the purchase of homes. Usually, people who buy houses have to save more money for a down payment just to keep up with the prices of property. A major benefit of owning a house is that the owner can deduct mortgage interest on its taxes. The interest on a home equity loan can be deducted too when the owner files its taxes.

In order to encourage citizens to buy homes, Country DF can lower income taxes for homeowners.

If Country DF reduces the income taxes of its citizens, they will have more disposable income to spend on goods and services.

One such good would be housing. With more money to spare, citizens will look to buy property which would meet the goals of the government.

In conclusion, option D is correct.

Find out more on lowering income taxes at link.

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