Misguided Relief: the Real Property Tax Addition to the Standard Deduction

Feld, Alan

doi:10.2139/ssrn.1426203

Abstract

Footnotes (27)

Download This Paper | Share | Email |Add to Briefcase

Misguided Relief: the Real Property Tax Addition to the Standard Deduction

Alan Feld

Boston University - School of Law

June 26, 2009

Boston Univ. School of Law Working Paper No. 09-42

Abstract:
A recent temporary addition to the standard deduction distributes a limited tax benefit to a subset of nonitemizing taxpayers based on real property tax payments. The provision sacrifices some of the standard deduction’s simplicity, costs more than a billion dollars annually and makes inequitable distinctions. Congress should fail to renew it.

Number of Pages in PDF File: 7

Keywords: tax, income tax, standard deduction

working papers series

Download This Paper

Date posted: July 1, 2009

Suggested Citation

Feld, Alan, Misguided Relief: the Real Property Tax Addition to the Standard Deduction (June 26, 2009). Boston Univ. School of Law Working Paper No. 09-42. Available at SSRN: http://ssrn.com/abstract=1426203 or http://dx.doi.org/10.2139/ssrn.1426203

Contact Information

Alan Feld (Contact Author)

Boston University - School of Law ( email )

765 Commonwealth Avenue
Boston, MA 02215
United States