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    The Debate Over Tax Expenditures

    Issues in Brief

    What are tax expenditures and why do reformers want to cut them?

    Many tax reform proposals would cut marginal tax rates and offset the resulting lost revenues by reducing or eliminating so-called tax expenditures. That is what policy makers mean when they talk about "lowering rates and broadening the base."

    Tax expenditures are costly: they reduce tax revenues by more than $1 trillion each year.


    http://www.pgpf.org/analysis/the-debate-over-tax-expenditures

    The Debate Over Tax Expenditures

    Issues in Brief

    What are tax expenditures and why do reformers want to cut them?

    Many tax reform proposals would cut marginal tax rates and offset the resulting lost revenues by reducing or eliminating so-called tax expenditures. That is what policy makers mean when they talk about "lowering rates and broadening the base."


    Tax expenditures are costly: they reduce tax revenues by more than $1 trillion each year.


    http://www.pgpf.org/budget-basics/the-debate-over-tax-expenditures

    Congressional Budget Office’s Preliminary Analysis of President Obama’s...

    The Congressional Budget Office’s (CBO) Preliminary Analysis of the President’s FY 2012 Budget released on Friday is further indication that the nation continues to face serious long-term fiscal challenges. Under the President’s proposed budget, CBO estimates that by 2021:


    http://www.pgpf.org/analysis/congressional-budget-office%E2%80%99s-preliminary-analysis-of-president-obama%E2%80%99s-fiscal-year-2012-budget

ASK FOR A PLAN

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THE TAX REFORM OPPORTUNITY

Video: Our tax code is complex, unfair, and insufficient. Learn more about the opportunity we have to reform and improve tax policy.