Overview for tax-expenditures

Will GOP Back Tax Breaks Over Deficit Cutting?

Tax credits and deductions are substitutes for government spending. So why is there so much opposition to eliminating them? Martin Feldstein has an important idea . Despite the strong case for limiting tax expenditures, it is politically difficult to do so because no one wants to give up …

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Written by David Frum on Thursday May 5, 2011

Obama's Right: Some Tax Breaks Have to Go

Republicans are wrong to consider any elimination of a tax expenditure as a tax hike. Many revenue expenditures should be treated as spending programs to be cut. President Barack Obama’s speech on deficit reduction left a lot to be desired: his agenda offers too many goodies for his party’s base, …

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Written by Eli Lehrer on Friday April 15, 2011