US federal spending on homelessness? $6B. https://www.usich.gov/resources/uploads/asset_library/fy2017-homelessness-assistance-budget.pdf … Tax break for upper-middle-class homeowners? $25B. https://blogs.wsj.com/economics/2018/04/23/tax-changes-mean-mortgage-interest-deduction-finds-fewer-takers/ … Cost of new passthrough deduction for business owners? $40B.https://twitter.com/Noahpinion/status/998592823803887617 …
Why are they high cost and low yield... maybe it’s because the regressive tax deductions, which are disproportionately absorbed by high cost urban areas inflate land values and make it harder for vouchers, PSH to keep up.
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