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Wednesday, April 25, 2018

Housing Started Going Down Hill When Reagan Was Elected, Public Housing for the Poor and Why Homelessness Is

Since Reagan began slashing federal housing assistance for the poor, it has been difficult for housing advocates to convince Congress to maintain, much less increase, HUD’s budget for subsidized housing. But it turns out that the Internal Revenue Service, not HUD, is the nation’s largest housing assistance agency. In 2017, the federal government provided about $130 billion in tax breaks for homeowners—almost twice the size of HUD’s total budget. That includes about $64 billion in tax deductions for mortgage interest, $33 billion for local property taxes, and $32 billion on the capital gains when these homeowners sell their houses.

This is when the homelessness started, he also shut down the mental care facilities to help those with mental disorders. Tax breaks on the backs of the poor. So now we house them in private for-profit prisons like animals. Oh! hold on, we in the US treat our animals better, accept the ones we eat. 


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