Tax Policy Center

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T09-0453 - Eliminate Home Mortgage Interest and Property Tax Deductions, Reduce Statutory Rates by Revenue Neutral 1.80 Percentage Points, Distribution of Federal Tax Change by Cash Income Level, 2012

2012 distribution, by cash income level, of the federal tax change from replacing the home mortgage interest and property tax deductions with a reduction in statutory individual income tax rates by 1.8 percentage points.

May 10, 2009