What are tax expenditures?
A)tax increases for the wealthy
B)using tax incentives to subsidize particular activities
C)nondistributive tax income
D)tax decreases for the poor

Question

Quizplus · Accepted Answer

Tax expenditures are tax incentives used to subsidize particular activities or industries, such as deductions for mortgage interest or tax credits for alternative energy investments. They can be seen as a form of government spending achieved through the tax code, and they can be controversial for favoring certain groups or industries over others.

What Are Tax Expenditures