Tax Expenditures and the Federal Budget

Hungerford, Thomas L.

Library of Congress. Congressional Research Service.

关键词: Federal budgets;    Fiscal policy;    Government spending;    Public finance;    Tax policy;   

RP-ID  :  RL34622
RP-ID  :  RL34622_2008Aug19

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report discusses tax expenditures, the federal budget and the reform of the federal tax system and provides tax expenditure analysis. The perception that the federal tax system is too complex and unfair could lead to public support for tax reform. Past efforts to reform the federal tax system have included policies to rein in the use and expense of tax expenditures--the special deductions, exclusions, exemptions, and credits resulting in revenue losses.