Tax Model Analysis Options to Reform the Mortgage Interest Deduction

Description
Revenue and distribution effects of options to reform the current mortgage interest deduction. More complete descriptions and analysis of these options can be found in Ò Options to Reform the Deduction for Home Mortgage Interest Ó.
Simulation Run December 14, 2015
  • T15-0231 - Options to Reform the Mortgage Interest Deduction: Impact on Tax Revenue, 2016-25 by Fiscal Year
  • T15-0222 - Replace the Mortgage Interest Deduction with a 15 Percent Non-refundable Credit on the First $500,000 of Debt, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2016
  • T15-0223 - Reduce the Maximum Amount of Debt Eligible for the Mortgage Interest Deduction to $500,000, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Level, 2016
  • T15-0224 - Reduce the Maximum Amount of Debt Eligible for the Mortgage Interest Deduction to $500,000, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2016
  • T15-0225 - Replace the Mortgage Interest Deduction with a 15 Percent Non-refundable Credit, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Level, 2016
  • T15-0226 - Replace the Mortgage Interest Deduction with a 15 Percent Non-refundable Credit, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2016
  • T15-0227 - Reduce the the Maximum Amount of Debt Eligible for the 15 Percent Non-refundable Credit to $500,000, Baseline: Replace the Mortgage Interest Deduction with a 15 Percent Non-refundable Credit, Distribution of Federal Tax Change by ECI Level, 2016
  • T15-0228 - Reduce the the Maximum Amount of Debt Eligible for the 15 Percent Non-refundable Credit to $500,000, Baseline: Replace the Mortgage Interest Deduction with a 15 Percent Non-refundable Credit, Distribution of Federal Tax Change by ECI Percentile, 2016
  • T15-0229 - Benefits from Mortgage Interest Deduction and 15 Percent Non-refundable Credit, by Expanded Cash Income Level, 2016
  • T15-0230 - Benefits from Mortgage Interest Deduction and 15 Percent Non-refundable Credit, by Expanded Cash Income Percentile, 2016
  • T15-0221 - Replace the Mortgage Interest Deduction with a 15 Percent Non-refundable Credit on the First $500,000 of Debt, Baseline: Current Law, Distribution of Federal Tax Change by Expanded Cash Income Level, 2016