The mortgage interest deduction (MID) results in up to $47 billion in foregone federal revenue annually, with 84% of the tax reduction accruing to White households and 79% accruing to the top 10% of all earners.

Authors

• Person: Not available Organization: National Council on Family Relations
  The Role of Taxation in Family Inequality: Possibilities for Reform

Sources

• The Role of Taxation in Family Inequality: Possibilities for Reform www.ncfr.org National Council on Family Relations via serper

Referenced by nodes (2)

• federal revenue concept
• mortgage interest deduction concept