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  4. Tax expenditures (individual)

Tax expenditures (individual)

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Individual Taxes

T20-0201 - Repeal the Itemized Deduction for Home Mortgage Interest, Assuming up to 100% Mortgage Paydown with Bonds and Stocks, by Expanded Cash Income Percentile, 2019

July 1, 2020
Individual Taxes

T20-0200 - Repeal the Itemized Deduction for Home Mortgage Interest, Assuming up to 100% Mortgage Paydown with Bonds and Stocks, by Expanded Cash Income Level, 2019

July 1, 2020
Individual Taxes

T20-0199 - Repeal the Itemized Deduction for Home Mortgage Interest, Assuming up to 50% Mortgage Paydown with Bonds and Stocks, by Expanded Cash Income Percentile, 2019

July 1, 2020
Individual Taxes

T20-0198 - Repeal the Itemized Deduction for Home Mortgage Interest, Assuming up to 50% Mortgage Paydown with Bonds and Stocks, by Expanded Cash Income Level, 2019

July 1, 2020
Individual Taxes

T20-0197 - Repeal the Itemized Deduction for Home Mortgage Interest, Assuming up to 25% Mortgage Paydown with Bonds and Stocks, by Expanded Cash Income Percentile, 2019

July 1, 2020
Individual Taxes

T20-0196 - Repeal the Itemized Deduction for Home Mortgage Interest, Assuming up to 25% Mortgage Paydown with Bonds and Stocks, by Expanded Cash Income Level, 2019

July 1, 2020
Individual Taxes

T20-0195 - Repeal the Itemized Deduction for Home Mortgage Interest, Assuming up to 100% Mortgage Paydown with Bonds, by Expanded Cash Income Percentile, 2019

July 1, 2020
Individual Taxes

T20-0194 - Repeal the Itemized Deduction for Home Mortgage Interest, Assuming up to 100% Mortgage Paydown with Bonds, by Expanded Cash Income Level, 2019

July 1, 2020
Individual Taxes

T20-0193 - Repeal the Itemized Deduction for Home Mortgage Interest, Assuming up to 50% Mortgage Paydown with Bonds, by Expanded Cash Income Percentile, 2019

July 1, 2020
Individual Taxes

T20-0192 - Repeal the Itemized Deduction for Home Mortgage Interest, Assuming up to 50% Mortgage Paydown with Bonds, by Expanded Cash Income Level, 2019

July 1, 2020

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From The Briefing Book

From the Briefing Book

What is the tax expenditure budget?

December 20, 2015 by tpc-admin

Q.

What is the tax expenditure budget?

A.

The tax expenditure budget displays the estimated revenue losses from special exclusions, exemptions, deductions, credits, deferrals, and preferential tax rates in federal income tax law.

  • Read more about What is the tax expenditure budget?

What are tax expenditures and how are they structured?

February 12, 2016 by tpc-admin

Q.

What are tax expenditures and how are they structured?

A.

Tax expenditures are special provisions of the tax code such as exclusions, deductions, deferrals, credits, and tax rates that benefit specific activities or groups of taxpayers.

  • Read more about What are tax expenditures and how are they structured?

Why are tax expenditures controversial?

December 20, 2015 by tpc-admin

Q.

Why are tax expenditures controversial?

A.

To some, tax expenditures are spending items that do not belong in the tax code. To others, they are merely a way of reducing taxes, and repealing them would amount to a tax increase.

  • Read more about Why are tax expenditures controversial?

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