Seth Hanlon explains the $24.5 billion tax break that lets businesses deduct the wear and tear on assets like buildings and equipment faster than they actually wear out.
Report Seth Hanlon and Michael Ettlinger explain why reducing spending in the tax code should be discussed in Congress's budget debates.
Seth Hanlon breaks down the $42 billion tax break that lets U.S. companies put off taxes on profits earned abroad.
Jordan Eizenga and Seth Hanlon explain the $37 billion federal tax break designed to help state and local governments, but which also generates a windfall to wealthy investors.
Seth Hanlon breaks down the $38 billion tax break that overwhelmingly benefits American millionaires.
Seth Hanlon explains how the rule that allows gains on assets passed down to heirs to go untaxed costs $61.5 billion a year, making it one of the country’s largest “tax expenditures.”
The president’s budget contains many provisions that cut wasteful spending through the tax code, writes Seth Hanlon.
Seth Hanlon explains how the IRS rule allowing people to deduct charitable contributions is effectively a $53.7 billion spending program and the country’s sixth-largest “tax expenditure.”
Seth Hanlon explains how the IRS rule allowing you to exempt state and local taxes from federal taxes costs the federal Treasury $70 billion a year, making it the fourth-largest “tax expenditure.”
Seth Hanlon explains how the third-biggest tax break in the Internal Revenue Code is also the nation’s largest housing program.
Seth Hanlon continues CAP’s new weekly series on the country’s biggest tax breaks by looking at the $142 billion expenditure for retirement savings.
Seth Hanlon explains in plain English how multibillion dollar “tax expenditures” work, their pros and cons, and their effect on the federal budget.
Seth Hanlon launches a new weekly series by looking at the biggest tax break in the Internal Revenue Code: the tax exemption for employer-sponsored health insurance.
An important provision calling for ongoing review of special tax breaks is missing from the Senate tax compromise, notes Seth Hanlon. It should be included.
Congress should prevent a potential windfall to wealthy bond investors by extending Build America Bonds, write Seth Hanlon and Jordan Eizenga.