How Federal Tax Expenditures that Support Housing Contribute to Economic Inequality

11 Pages Posted: 14 Feb 2015 Last revised: 6 Oct 2015

See all articles by Henry Rose

Henry Rose

Loyola University Chicago School of Law

Date Written: February 12, 2015

Abstract

The purpose of this article is to examine how federal income tax laws benefit more affluent owner households but provide no benefits to economically-strapped renter households. This article proposes that the tax savings currently accruing to affluent owners be reduced and that the resulting increase in revenue to the federal government be appropriated to subsidize the rents of low income tenants who are eligible for government rental assistance.

Keywords: tax, housing, inequality

JEL Classification: K10, K34

Suggested Citation

Rose, Henry, How Federal Tax Expenditures that Support Housing Contribute to Economic Inequality (February 12, 2015). 44 Real Estate Law Journal 48 (2015); Loyola University Chicago School of Law Research Paper No. 2015-008 . Available at SSRN: https://ssrn.com/abstract=2564158 or http://dx.doi.org/10.2139/ssrn.2564158

Henry Rose (Contact Author)

Loyola University Chicago School of Law ( email )

25 E. Pearson
Chicago, IL 60611
United States

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