Jesús Arturo Devesa
Economist , MBA
Impact of Fiscal deficit reduction policies over economic sectors Ideas and data for congressmen and senators: Fiscal deficit reduction through real estate (04/08/12): Our study
about cost of mortgage interest and real estate taxes show us that mortgage
interest and property taxes should not be tax-deductible. The government
should not pay a large fraction of the cost of homeownership. The remove
of these tax-deductible items would be the most progressive tax policy
because upper-income taxpayers are the big beneficiaries of that deduction. The remove
of these tax-deductible items would also facilitate the successful management
of land. It should
be an important asset in fiscal deficit reduction. Our ideas and studies taken from analytical data may give you instruments to implement innovative solutions. |