What is the term for the $1 trillion in tax spending for miscellaneous tax credits and deductions?

Question

Quizplus · Accepted Answer

The term for the $1 trillion in tax spending for miscellaneous tax credits and deductions is the hidden welfare state. This represents the subsidies given by the government in the form of tax breaks for various activities such as homeownership, retirement savings, and health care expenses. These subsidies are often overlooked in the discourse on government spending and are not subjected to the same level of scrutiny as traditional welfare programs.

What Is the Term for the $1 Trillion in Tax