Tax expenditure scrutiny can end trillion-dollar political game

This article was first published on Bloomberg Tax (13 Jan, 2023). Reproduced with permission.

Tax expenditures should be scrutinized as much as direct spending but are often under-reported, if reported at all. Improving estimates and reporting of such outlays would ease budget constraints and help governments better align their core policy objectives, say Flurim Aliu and Agustin Redonda of the Council on Economic Policies and Doug Koplow of Earth Track.

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