Tax Policy, Home Prices and Health Benefits

Tax Policy, Home Prices and Health Benefits

The mortgage mortgage interest deduction adds approximately 13% price inflation to the short term cost of homes, and MID is a regressive tax — benefiting the wealthy over the middle and lower income classes.

In the same way, the tax exemption from employer sponsored health benefits increases the consumption of health benefits in comparison to wages and is a regressive tax benefiting the wealthy to a greater extent than lower and middle income tax bracket wage earners.

MID - a tax policy economists hate

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