Monday, January 12, 2009

Tax expenditures

In class, we've been talking about the panoply of different types of tax breaks: exclusions, above-the-line deductions, below-the-line deductions, exemptions, nonrefundable credits, refundable credits, and preferential credits. How much is all this costing? The Tax Policy Center has some answers here:

http://www.taxpolicycenter.org/briefing-book/background/expenditures/largest.cfm

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