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This study aims to investigate how proposed changes to federal income tax law can affect equity and revenue for homeowners in comparison to renters.

Homeowner Preferences: The Equity and Revenue Effects of Proposed Changes in the Status Quo.

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This study aims to investigate how proposed changes to federal income tax law can affect equity and revenue for homeowners in comparison to renters.
Utilized the 1982 IRS Individual Tax Model File to assess taxpayer liabilities under current and alternative tax policy options.
Measured horizontal equity effects using weighted average changes in the coefficient of variation.
Assessed vertical equity effects with changes in the Suits index.
Options limiting or eliminating the mortgage interest deduction increased equity without sacrificing revenue.
Changes showed that tax policy can favor both fairness for renters and better revenue generation.

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Randomized trial examines changes in tax law affecting homeowners, highlighting their equity and revenue implications.

Bethane Jo Pierce (1989) studied this question.

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