Tax Policy Center

Model Estimates

Browse Model Estimates

T09-0454 - 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 Percentile, 2012

2012 distribution, by cash income percentile, 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