| 释义 |
Tax Expenditure Tax ExpenditureThe way in which a government uses a tax code to spend money. For example, suppose a government offers a tax credit for adopting a child. In such a case, an adoptive parent would pay less in taxes than he/she otherwise would, effectively receiving a subsidy from the government for adopting a child. Tax expenditures are popular ways for governments to encourage behaviors such as purchasing a home or having children. |