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Table shows the distributional effect by expanded cash income level in 2019 of allowing for an itemized deduction for up to $10,000 in property taxes (as in the House proposal) in the Senate's Tax Cuts and Jobs Act, as ordered reported by the Committee on Finance.
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T17-0292 - Allow Itemized Deduction for up to $10,000 in Property Taxes (House Proposal) in Senate Tax Cuts and Jobs Act; Baseline: Senate Tax Cuts and Jobs Act, as Ordered Reported by the Committee on Finance; Impact on Tax Revenue, 2018-27
T17-0294 - Allow Itemized Deduction for up to $10,000 in Property Taxes in Senate Tax Cuts and Jobs Act; Baseline: Senate Tax Cuts and Jobs Act, Ordered Reported by Committee on Finance; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2019