Research Report Are Tax Expenditures Worth the Money?
Frank Sammartino, Eric Toder
Display Date
File
File
Download Report
(402.44 KB)

In this report, we evaluate major federal tax expenditures. We distinguish between tax expenditures that are effectively spending programs and those that are departures from a comprehensive income tax but are not essentially spending substitutes. Most major tax expenditures have some policy justification but could be redesigned to better promote policy goals for the same or lower cost. Many smaller tax expenditures that provide special benefits to selected industries or individuals, however, are more difficult to justify on policy grounds. We list these at the end of the report.
Research Areas Taxes and budgets
Tags Individual taxes Taxes and business
Policy Centers Urban-Brookings Tax Policy Center