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

Model Estimate

t17-0292.xlsx

(15.380859375 KB)

November 28, 2017

Table shows the revenue effect 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, for fiscal years 2018-2027.

Model Estimates Type

Revenue Tables

Primary topic

Campaigns, Proposals, and Reforms

Topics

Current legislative proposals

Tax expenditures (individual)

State and local taxes