Feldstein Proposal Increases Federal Revenues but the Devil’s in the Details

Publication date: 
April, 2013
Source(s): 
Tax Foundation

Harvard Professor Martin Feldstein has called for limiting the tax savings from itemized deductions, tax-exempt municipal bond interest and the tax-free status of employer-provided health insurance; his plan would not allow the tax savings from these items to exceed 2 percent of adjusted gross income (AGI). The Tax Foundation analyzes his proposal.

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