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.

Size: 36 KB
Est. download time @ 28.8K: 1 second

Adobe Acrobat Reader v3.01 or greater is required to view this paper.
To obtain a free copy, click the button below

Alan Feld Contact Information

feldprof@bu.edu
Boston University School of Law
765 Commonwealth Ave
Boston, MA 02215
USA
(617) 353-3087

Presentation and Publication Information:

Alan L. Feld, "Misguided Relief: The Real Property Tax Addition to the Standard Deduction," B.U. Law Working Paper No. 09-42 (September 4, 2009).

SOCIAL SCIENCE RESEARCH NETWORK

Click here to close this window.