Tuesday, April 16, 2013

The power of "tax expenditures"

Timothy Taylor over at the Conversable Economist (see here) has a very informative post on "tax expenditures" ("a provision of the tax code that looks like government spending: that is, it takes tax money that the government would otherwise have collected and directs it toward some social priority" as he describes it).  He shows the following table that makes for interesting reading.


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