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T12-0397 - Reduce Excludable Amount of Employer-Sponsored Health Insurance Premiums, Municipal Bond Interest, and Allowable Amount of Itemized Deductions Other Than Charitable Contributions by 20%; Distribution of Federal Tax Change by Cash Income Percentile, 2013

Distribution of federal tax change from providing an across-the-board reduction of 20 percent in the allowable amount of itemized deductions other than charitable contributions and including 20 percent of employer-sponsored health insurance premiums and 20 percent of municipal bond interest in gross income, by cash income percentile, 2013.

December 16, 2012