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Tax Expenditure

   Also found in: Wikipedia 0.01 sec.
Tax Expenditure
The way in which a government uses a tax code to spend money. For example, suppose a government offers a tax credit for adopting a child. In such a case, an adoptive parent would pay less in taxes than he/she otherwise would, effectively receiving a subsidy from the government for adopting a child. Tax expenditures are popular ways for governments to encourage behaviors such as purchasing a home or having children.


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Tax rates have increased and the tax base should now be broadened by reducing inefficient tax expenditures, introducing a property tax and making more people pay income tax.
Today''s difficult times have forced mothers to find ways and means to contribute to the household expenses which can include daycare, mortgage, tax expenditures and so on Most women now find the idea of mothers working from home is most ideal Today''s difficult times have forced mothers to find ways and means to contribute to the household expenses which can include daycare, mortgage, tax expenditures and so on.
Massachusetts' private colleges save taxpayers in the commonwealth over $2 billion in higher education tax expenditures every year, and the overall annual economic impact of independent colleges in our state is a staggering $23 billion.
 
 
 
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