Why are there are so many tax benefits for people who invest in real estate and entrepreneurship and so few benefits for corporate employees?
In the United States
Why are there are so many tax benefits for people who invest in real estate and entrepreneurship?
30
Mar
shelynn102002
March 30, 2010 at 3:39 pm
The government wants to encourage entrepreneurship (ownership). Communities and states need people to invest in real estate. Corporate employees are valuable too but we are a dime a dozen I guess.
jdkilp
March 30, 2010 at 3:53 pm
Because this is how jobs are created, and jobs fuel the economy.
Ai_22192
March 30, 2010 at 4:31 pm
The government encourages home ownership or entrepreneurship to stimulates the economy. Home ownerships will promotes business in various fields such as real estate, bankings, builders, renovation contractors, materials supplies, logistics etc which also create healthy job markets. So as entrepreneurship, which also relates to other job fields and eventually boost the economy with lower unemployment rates. With an active real estate will also form an active communities, with schools, retailers and many other service providers.