In 2002, The Century Foundation convened the Working Group on Tax Expenditures to examine and propose reforms to the tax code. The resulting report, Bad Breaks All Around, identifies twelve tax breaks with little or no economic justification. These "dirty dozen" are no less ripe for the chopping block a decade later, as Congress finally takes up the task of simplifying the tax code. Follow along at Blog of the Century as we introduce each of the "dirty dozen" and explain why it's long past time to eliminate these useless, and costly, tax breaks.
Join us we count down the Dirty Dozen tax breaks from 2002 that are costing us billions in lost revenue. The Dirty Dozen Homepage.
All 12 will be on the Dirty Dozen homepage but here are the first seven as of December 19, 2012
Meet "Dirty Dozen" Tax Break #7: Medical Savings Accounts
Dec 19, 2012
Meet "Dirty Dozen" Tax Break #6: Tax Credits for Nonconventional Fuels
Dec 17, 2012
Meet "Dirty Dozen" Tax Break #5: Exemption of Interest on Municipal Bonds
Dec 14, 2012
Meet "Dirty Dozen" Tax Break #4: The Graduated Corporate Income Tax Rate
Dec 13, 2012
Meet "Dirty Dozen" Tax Break #3: Regional Economic Development Incentives
Dec 12, 2012
Meet "Dirty Dozen" Tax Break #2: The "Percentage Depletion" Deduction
Dec 10, 2012
Meet "Dirty Dozen" Tax Break #1: Export Tax Incentives
Dec 7, 2012