Tax breaks are reductions in government revenue. They are preferential tax treatments for specific groups of taxpayers or for specific activities. Tax breaks (or to use their more correct term, tax expenditures), are back on the political menu to stimulate housebuilding. Should we order? Everyone hates tax breaks – until they get them themselves. If you’d like to inspire the waddling upper and middle classes, bloviating about millennials and their avocados and shaping about how things were different ‘in their day’ to a new level of collective outrage culminating in the fall of government, civil service, and potentially a rewriting…
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