Title English:
tax expenditures
Definition English:
A tax expenditure program is government spending through the tax code. Tax expenditures alter the horizontal and vertical equity of the basic tax system by allowing exemptions, deductions, or credits to select groups or specific activities. For example, two people who earn exactly the same income can have different effective tax rates if one of the tax payers qualifies for certain tax expenditure programs by owning a home, having children, and receiving employer health care and pension insurance.
Title Arabic:
نفقات ضريبية
Title French:
dépenses fiscales
المجال الأحصائي:
Economic Development
الموضوع:
Economic Statistics
InformationType:
Term
SourceSymbol:
Language staff
Link: