T11-0276 - Option 2: Phase Down Deduction Over 5 Years, Immediate $500,000 Mortgage Cap Baseline: Current Law 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 law, by cash income level.
![](https://www.taxpolicycenter.org/sites/default/files/model-estimates/images/T11-0276.gif)