1 Point Question 10 Excluding in kind income from income for tax purposes has the same effect on the taxpayer as allowing him/her to deduct taxes paid to state and local governments from income at the federal level. True False 1 Point Question 11 If marginal tax rates rise with taxable income, then tax deductibility of home mortgage interest means that those with higher tax rates (and therefore higher income) get a larger reduction in the price of purchasing a house than do people with low tax rates and therefore lower income). True B False