The Politics of Loopholes: The Improbable Prospects for U.S. Tax Reform

What are the implications and likelihood of reform of the income tax system in the United States—specifically, the expansion and scope of the tax "expenditure" (loophole) system embedded in the income tax codes? This book details the tax system that now provides for more than 200 tax expenditures, highlighting the potential lost tax dollars.

Income tax policy and politics is an inherently complex and potentially confusing topic. This book makes the tax loophole system understandable for thos...