THE HOME OWNERSHIP PLAN MORE THAT PAYS FOR ITSELF AND PROVIDES A NET GAIN IN TAX REVENUES.
How The Home Ownership Plan generates billions in new tax revenues and more than pays for itself.
The Home Ownership Plan (HOP) more than pays for itself through taxes generated by the housing and related industries, manufacturing and service sector jobs created through the multiplier effect. As we will see, these new tax revenues far exceed the tax exemptions for the HOP.
This analysis is structured to: (1) determine the average tax exemption for the HOP, (2) determine the amount of tax revenue generated by the construction of a new home, and (3) to determine that the amount of the net revenue gain to the U.S. Treasury generated by the Home Ownership Plan exceeds the amount of the tax exemptions.