Until the Tax Cuts and Jobs Act (TCJA), people across the income distribution could say they benefited from the tax code’s many targeted tax benefits...
Despite all their rhetoric about closing special interest loopholes, politicians love nothing more than delivering federal largesse to favored constituents. But with new spending programs...
Individual tax expenditures reduced federal revenues by $1.168 trillion in 2015, according to new estimates by the Tax Policy Center. And the biggest share of...
For decades, Congress has generally used tax subsidies and direct spending to encourage home ownership . For example, the tax code allows itemizers to deduct...
The magic number for today is 16. That is, remarkably, the number of times Congress has extended the allegedly temporary research and experimentation...
