Last week, the Tax Policy Center held an event called “Measuring the Distribution of Federal Spending and Taxes.” At this event, Gerald Prante presented his findings from the Tax Foundation study called “A Distributional...
- Monday Map: Mortgage Interest Deduction by State
Monday Map: Mortgage Interest Deduction by State
Today's Monday Map looks at the percentage of taxpayers claiming the mortgage interest deduction in each state - a tax break which could conceivably be reduced or limited by a fiscal cliff compromise. The state with the highest percentage is Maryland, with 36.79% of tax returns claiming the eduction; at the other end is neighboring West Virginia, where only 15.00% of taxpayers claim it.
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View previous Monday Maps here.
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The Tax Policy Blog is the official weblog of the Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937. Our economists welcome your feedback. If you would like to send an e-mail to the author of a blog post, please click on that person's name to locate his or her e-mail address or visit our staff page here.