...ruling, which allows a special exclusion, exemption, or deduction from gross income or which provides a special credit, a preferential rate of tax, or a deferral of tax liability." I respectfully urge that the word "special" be dropped each place it appears. In this way we will remove/...

...calculations of "tax expenditures" (defined as revenue the Treasury loses because of tax provisions allowing a special exclusion, exemption or deduction from gross income or which provide a special tax credit, a preferential rate of tax, or a deferral of tax liability) show that a disproportionate...

..."special.'' snocial rt-niupi"!). exemption or deduction from grr^s income — or which nro,M - .-, "p^ial credit, a preferential rate of tax or a deferral of tax liability. And the term "tax expenditure budget" means an enumeration of such tax expenditures. Now the emphasis,...

...treatment of individual donors. Public Law 93-344 requires an analysis of tax expenditures denned as : Those revenue losses attributable to provisions of the federal tax laws which allow special, exclusion, exemption, or deduction from gross income, or which provide a special credit, or...

...»2The Congressional Budget and Impoundment Control Act of 1974 defines "tax expenditures" to mean "those revenue losses attributable to provisions of...preferential rate of tax, or a deferral of tax liability." 31 USCA § 1302(a)(3) (Supp. 1976). The Act requires the President to set forth levels of tax expenditures...

...repayment of indebtedness incurred by another person or government. (3) The term "tax expenditures" means those revenue losses attributable to provisions of...preferential rate of tax, or a deferral of tax liability; and the term "tax expenditures budget" means an enumeration of such tax expenditures. (4) The term...

...repayment of indebtedness incurred by another person or government. (3) The term "tax expenditures" means those revenue losses attributable to provisions of...preferential rate of tax, or a deferral of tax liability; and the term "tax expenditures budget" means an enumeration of such tax expenditures. (4) The term...

...»2The Congressional Budget and Impoundment Control Act of 1974 defines "tax expenditures" to mean "those revenue losses attributable to provisions of...preferential rate of tax, or a deferral of tax liability." 31 USCA § 1302(a)(S) (Supp. 1976). The Act requires the President to set forth levels of tax expenditures...

...public debt. Tax Expenditures. — The Congressional Budget Act of 1974 defines tax expenditures as "revenue losses attributable to provisions of the...preferential rate of tax or a deferral of tax liability." In many instances these tax provisions are designed to achieve objectives that are or could be pursued...

...source of funds to meet human needs is tax reform. While we recognize that it Is impossible to compute revenue losses attributable to provisions of the Federal...preferential rate of tax, or a deferral of tax liability (definition of "tax expenditures" in the Congressional Budget Act), it is clear that the sums are substantial....