Tax Policy Center

Model Estimates

Browse Model Estimates

T12-0271 - Cap Itemized Deductions at $50,000; Baseline: Current Policy with 20% Rate Reduction and Repealed AMT; by Cash Income Level, 2015

The distribution by cash income level of capping itemized deductions at $50,000 under current policy with a 20% rate reduction and no AMT in 2015.

October 16, 2012