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T12-0272 - Cap Itemized Deductions at $50,000; Baseline: Current Policy with 20% Rate Reduction and Repealed AMT; by Cash Income Percentile, 2015

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

Download T12-0272.pdf (411.58 KB)

Download T12-0272.xls (185.5 KB)

October 16, 2012

Options to Repeal or Limit Itemized Deductions

Federal Budget and Economy