Ambrose, Brent W.; Hendershott, Patric; Ling, David C.; … - 2021
The federal government has long promoted homeownership through various provisions in the U.S. income tax code. The Tax … Cuts and Jobs Act of 2017 (TCJA) renewed interest and debate about the treatment of housing via the tax code, particularly … extent that the TCJA magnifies the long-standing anti-mortgage debt bias in the tax code. Our analysis reveals that ongoing …