contestada

What action can the government of Country DF take to encourage citizens to purchase homes?

maintain corporate tax rates
raise income taxes
raise property tax rates
lower income taxes for homeowners

Respuesta :

scouteo

The correct answer is D) lower income taxes for homeowners.

The action that the government of Country DF can take to encourage citizens to purchase homes is lower income taxes for homeowners.

With lower income taxes, the government helps people with the purchase of homes. Usually, people who buy houses have to save more money for a down payment just to keep up with the prices of property. A major benefit of owning a house is that the owner can deduct mortgage interest on its taxes. The interest on a home equity loan can be deducted too when the owner files its taxes.


Parrain

In order to encourage citizens to buy homes, Country DF can lower income taxes for homeowners.

What would happen if income tax is lowered?

If Country DF reduces the income taxes of its citizens, they will have more disposable income to spend on goods and services.

One such good would be housing. With more money to spare, citizens will look to buy property which would meet the goals of the government.

In conclusion, option D is correct.

Find out more on lowering income taxes at https://brainly.com/question/24245749.

Otras preguntas