There are two choices: reduce or eliminate interest deductibility or introduce some deduction for equity.
To be more conservative, estimates of tax deductibility should subtract the standard deduction from mortgage interest paid.
If the deductibility of the HSA is attractive, making all health insurance premiums fully deductible is more so.
Restaurants want increased deductibility of business meals.
In Britain, deductibility was eliminated in 2000.
Not mentioned was eliminating the tax deductibility of corporate advertising.
And tax deductibility with regard to the purchase of it.
Nevertheless, the deductibility test is not always clear.
As the table from their paper shows, many countries without deductibility have higher home ownership rates than we do, and some with deductibility have lower rates.
And there are different income tax regulations relating to the deductibility of meals and other issues".
The sector's principal competitive advantage has always been the tax deductibility of debt.
