Democracy Wiki

Mortgage Tax Relief is a policy where the government gives citizens a tax break in order to help them pay for buying their own house.

This tax relief is favored by Middle Income earners seeking to buy and pay for a house, but is resented by the Poor and the Socialists.

Description[]

This allows people to claim tax relief on the interest payments they have to make when they borrow money to buy a house. This helps homebuyers to afford their mortgage payments, but can be resented by those who are not in a position to buy a house, as it is effectively a tax break for homebuyers.

Political Capital[]

Implementation time: 1

Introduction cost: 31

Raise cost: 18

Lower cost: 22

Cancel cost: 44

Effects[]

+Middle Income (0)

-Socialist (0)

-Poor (0)

+Middle Earnings (0)

-Homelessness (0)