Tax Policy Center

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T11-0017 - Replace Mortgage Interest Deduction with 20 Percent Non-Refundable Credit; Baseline: Current Policy; Distribution by Cash Income Percentile, 2015

Distribution of federal tax change by cash income percentile due to the repealing of the mortgage interest deduction and the introduction of a 20 percent non-refundable credit for qualified mortgage interest paid against a current policy baseline.

February 23, 2011