<p>TPC Releases Estimates on Adding Property Tax Deduction to Bill</p>

TPC Releases Estimates on Adding Property Tax Deduction to Bill

Urban-Brookings Tax Policy Center

On November 28 the Urban-Brookings Tax Policy Center released estimates on allowing the itemized deduction for up to $10,000 in property taxes — as proposed in the House tax reform legislation — in the Senate Tax Cuts and Jobs Act for 2018 to 2027, based on expanded cash income percentile and expanded cash income level.

<p>On November 28 the Urban-Brookings Tax Policy Center released estimates on allowing the itemized deduction for up to $10,000 in property taxes — as proposed in the House tax reform legislation — in the Senate Tax Cuts and Jobs Act for 2018 to 2027, based on expanded cash income percentile and expanded cash income level.</p>