Downsizing Blog
This Is What “Effective” Looks Like at HUD?
Yesterday HUD Secretary Ben Carson tweeted that “The Low-Income Housing Tax Credit [LIHTC] is one of the most effective tools we have to create affordable housing.”
New Study on Tax Reform and Low-Income Housing
As Republicans assemble their tax reform legislation, Cato has released a study on one corporate tax break that is ripe for repeal.
Tax Reform and Affordable Housing Subsidies
A main goal of the House Republican tax plan is to reduce marginal tax rates, which are the rates that affect economic decisionmaking.
Housing Credit Is Corporate Welfare
Republicans have promised major tax reform, and Cato has suggestions for policymakers.
Cost of Federal Aid Administration: 20 Percent in Altoona
The Department of Housing and Urban Development (HUD) spends $10 billion a year on “community planning and development” subsidies to state and local governments.
Community Development Subsidies
The Department of Housing and Urban Development (HUD) will spend $10 billion this year on “community development,” including Community Development Block Grants (CDBGs).
Poverty, Politics, and (Crony) Profit
PBS ran a documentary discussing major barriers to housing America’s poor.
Low Income Housing Tax Cronyism
The LIHTC program, which subsidizes developers and financial institutions, has a corruption problem.
New Study on Low-Income Housing Subsidies
Downsizing Government has published a new study on low-income housing aid.
A Tax Day Review
Today is Tax Day. Federal tax returns are due to the Internal Revenue Service with a postmark before midnight. The Congressional Budget Office (CBO) projects that the federal government will collect $3.2 trillion in revenue this year.