The presidential candidates this campaign season are a diverse group with a wide range of tax policy proposals, but they agree unanimously about one thing: the need to limit itemized deductions. Sadly, however, none of their proposals tackles how limits on itemized deductions would affect the other side of the equation—the standard deduction — which is also very much in need of reform.
150 Tax Notes 1589 (2016)
Scholarly Commons Citation
Brooks, John R., "Don't Forget the Standard Deduction" (2016). Georgetown Law Faculty Publications and Other Works. Paper 1780.