It also assesses the issues of environment, contingent liabilities, tax expenditure
as well as economic and social indicators.
The Perverse Effects of Existing Tax Expenditure
The opportunity cost related to the "lost" taxes is commonly described as a tax expenditure
The total tax expenditure
declined 38 per cent to Rs17.
This is one of the few times Oregon gets a matching gift from the people before the state makes a tax expenditure
9) In 2008, the Office of Management and Budget (OMB) estimated the tax expenditure
budget to total $878 billion.
Obviously such a plan is unrealistic, the parties are not going to agree to eliminate every tax expenditure
in the code--nor should they.
It also did not agree to include tax expenditure
information in departmental reports on plans and priorities, as these expenditures are the responsibility of the minister of finance.
dollars of income and at the same time repeal tax expenditure
limits even for households with incomes more than 1 million dollars.
Legislation passed in July reforms the reporting requirements, and, according to MTF analysis, will cut the state's tax expenditure
estimate from about $26.
McLynch said he'd like to see the annual tax expenditure
report go into detail about the jobs created by and benefits of these tax breaks.
Accordingly, this section begins with a discussion of the popularization of tax expenditure
analysis during the 1960s and 1970s as well as antecedent debates regarding the need to close loopholes in an effort to move toward a comprehensive tax base.