T11-0285 - Option 4: Phase Down Deduction Over 10 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 10 years in 2015, compared with current policy, by cash income level.
![](https://www.taxpolicycenter.org/sites/default/files/model-estimates/images/T11-0285.gif)