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T11-0277 - Option 2: Phase Down Deduction Over 5 Years, Immediate $500,000 Mortgage Cap Baseline: Current Policy Distribution of Federal Tax Change by Cash Income Level, 2015

Distribution of federal tax change from immediate enactment of the $500,000 mortgage cap and phasedown of deduction over 5 years in 2015, compared with current policy, by cash income level.

August 17, 2011