Tax breaks for homeownership can encourage borrowing at the expense of wealth accumulation because homeowners often utilize home equity loans to finance consumption.

Authors

• Person: Eugene Steuerle Organization: Milken Review
  Taxes, Government Transfers and Wealth Inequality

Sources

• Taxes, Government Transfers and Wealth Inequality www.milkenreview.org Eugene Steuerle · Milken Review via serper

Referenced by nodes (4)

• consumption concept
• wealth accumulation concept
• home equity loans concept
• homeownership concept