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Home > Marketplace with Kai Ryssdal > Who benefits from mortgage interest tax breaks?
Podcast: Marketplace with Kai Ryssdal
Episode:

Who benefits from mortgage interest tax breaks?

Category: Business
Duration: 00:28:47
Publish Date: 2024-06-03 23:09:48
Description:

A tax break that started out as a way for the government to incentivize homebuying has primarily benefited the wealthy, research shows, while costing the U.S. government $30 billion a year in tax revenue. That amount may more than double in 2026. Also in this episode: OSHA works on new heat guidelines for the workplace, construction spending falls, and the Federal Reserve wants interest rates to be “neutral.”

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