Which tax expenditures are actually loopholes?

Figuring out what is a tax expenditure, or loophole, requires settling competing views over what constitutes a neutral tax system.

e left is desperately trying to maneuver Republicans into going along with a tax increase. And they are smart to make this their top goal. After all, it will be very difficult – if not impossible – to increase the burden of government spending without more revenue coming to Washington. But how to make this […]