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T17-0294 - Allow Itemized Deduction for up to $10,000 in Property Taxes in Senate Tax Cuts and Jobs Act; Baseline: Senate Tax Cuts and Jobs Act, Ordered Reported by Committee on Finance; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2019

Table shows the distributional effect by expanded cash income percentile in 2019 of allowing for an itemized deduction for up to $10,000 in property taxes (as in the House proposal) in the Senate's Tax Cuts and Jobs Act, as ordered reported by the Committee on Finance. 

November 28, 2017