Source: Pew Tax Expenditures Database "Tax expenditures are a measure of the government revenue losses resulting from provisions in the tax code that allow people or businesses to reduce their tax burden by taking certain deductions, exemptions, exclusions, preferential rates, deferrals or credits. By reducing the revenue that would otherwise have been collected by the government, tax expenditures are similar to government spending... the sum of tax expenditure estimates rivals discretionary spending in some years."
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