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Tax expenditures (individual)

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Campaigns, Proposals, and Reforms

T21-0048 – Tax Benefit of the Earned Income Tax Credit (EITC) under Pre-American Rescue Plan Act Law, by Expanded Cash Income Level, 2021

March 23, 2021
Campaigns, Proposals, and Reforms

T21-0047 – Tax Benefit of the Child and Dependent Care Tax Credit (CDCTC) under Pre-American Rescue Plan Act Law, by Expanded Cash Income Percentile, 2021

March 23, 2021
Campaigns, Proposals, and Reforms

T21-0045 – Tax Benefit of the Child Tax Credit, by Expanded Cash Income Percentile 2021

March 12, 2021
Campaigns, Proposals, and Reforms

T21-0044 – Tax Benefit of the Child Tax Credit, by Expanded Cash Income Level, 2021

March 12, 2021
Campaigns, Proposals, and Reforms

T21-0043 – Tax Benefit of the Child Tax Credit (CTC) under Pre-American Rescue Plan Act Law, by Expanded Cash Income Percentile, 2021

March 12, 2021
Campaigns, Proposals, and Reforms

T21-0042 – Tax Benefit of the Child Tax Credit (CTC) under Pre-American Rescue Plan Act Law, by Expanded Cash Income Level, 2021

March 12, 2021
Individual Taxes

T20-0205 - Replace the Home Mortgage Interest Deduction with a 7.3 Percent Refundable Tax Credit, by Expanded Cash Income Percentile, 2019

July 1, 2020
Individual Taxes

T20-0204 - Replace the Home Mortgage Interest Deduction with a 7.3 Percent Refundable Tax Credit, by Expanded Cash Income Level, 2019

July 1, 2020
Individual Taxes

T20-0203 - Replace the Home Mortgage Interest Deduction with an 8.3 Percent Non-refundable Tax Credit, by Expanded Cash Income Percentile, 2019

July 1, 2020
Individual Taxes

T20-0202 - Replace the Home Mortgage Interest Deduction with an 8.3 Percent Non-refundable Tax Credit, by Expanded Cash Income Level, 2019

July 1, 2020

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From The Briefing Book

From the Briefing Book

What are tax expenditures and how are they structured?

February 12, 2016 by tpc-admin

Q.

What are tax expenditures and how are they structured?

A.

Tax expenditures are special provisions of the tax code such as exclusions, deductions, deferrals, credits, and tax rates that benefit specific activities or groups of taxpayers.

  • Read more about What are tax expenditures and how are they structured?

What is the tax expenditure budget?

December 20, 2015 by tpc-admin

Q.

What is the tax expenditure budget?

A.

The tax expenditure budget displays the estimated revenue losses from special exclusions, exemptions, deductions, credits, deferrals, and preferential tax rates in federal income tax law.

  • Read more about What is the tax expenditure budget?

What are the largest tax expenditures?

December 20, 2015 by tpc-admin

Q.

What are the largest tax expenditures?

A.

Tax expenditures make up a substantial part of the federal budget. Some of them are larger than the entire budgets of the programs or departments that spend money for the same or related purposes. For example, the value of the tax breaks for homeownership, although reduced by the 2017 tax act, still exceeds total spending by the US Department of Housing and Urban Development.

  • Read more about What are the largest tax expenditures?

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