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Itemized Deductions in a High Standard Deduction World

17 Pages Posted: 6 Jan 2018 Last revised: 12 Jan 2018

Emily Cauble

DePaul University - College of Law

Date Written: January 4, 2018

Abstract

New tax legislation enacted in December 2017 exacerbates the extent to which various itemized deductions, such as the charitable contribution deduction and the home mortgage interest deduction, disproportionately benefit high income individuals. This essay develops this critique and concludes by suggesting paths for reform that should be considered by a future Congress.

Keywords: Itemized Deductions, Standard Deduction, Tax Cuts and Jobs Act

Suggested Citation

Cauble, Emily, Itemized Deductions in a High Standard Deduction World (January 4, 2018). Stanford Law Review Online, Vol. 70, 2018. Available at SSRN: https://ssrn.com/abstract=3096620

Emily Cauble (Contact Author)

DePaul University - College of Law ( email )

25 E. Jackson Blvd.
Chicago, IL Cook County 60604-2287
United States

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