Tax Policy Center

asset building

Individual Taxes: TaxVox
Nearly one-third of all federal tax expenditures--$384 billion in 2013 alone-- is aimed at various forms of asset building, such as retirement savings, higher education, and home ownership. Yet, according to research by several of my Tax Policy Center and Urban Institute colleagues, these tax
October 7, 2014Howard Gleckman
Individual Taxes: TaxVox
Most federal subsidies aimed at helping households accumulate financial and tangible assets are delivered through tax expenditures—spending through the tax code. In 2013, these deductions, deferrals, and credits aimed at encouraging such asset building totaled over $350 billion, most devoted to
April 9, 2014Benjamin H. Harris