Tax revenues lost to the federal government because of exemptions,exclusions,deductions,and special treatments in tax laws are called __________.

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Tax revenues lost due to exemptions, exclusions, deductions and special treatments in tax laws are called tax expenditures. Tax evasion refers to the illegal act of not paying taxes, tax avoidance is legal but still takes advantage of loopholes in tax laws, and loopholes are specific instances of tax avoidance tactics.

Tax Revenues Lost to the Federal Government Because of Exemptions,exclusions,deductions,and