The term tax expenditure is commonly used to describe both tax privileges granted to politically favored special interests and also patches to the income tax system that address economic inefficiencies. This paper focuses on the difference between tax provisions that should be labeled as tax...

Despite decades of a war on poverty that came with proliferating programs and ballooning budgets, the official poverty rate in the United States has stubbornly refused to break from its narrow historical range. This failure stems largely from the methods used to pursue the alleviation of...

Ex-Im Bank advocates emphasize its importance to small businesses and economic growth. A new analysis of government data reveals that Ex-Im Bank's top 10 overseas buyers are large corporations that primarily purchase exports from multinational conglomerates. Ex-Im Bank's small business narrative...

The Export-Import Bank of the United States is a government-owned bank that provides taxpayer-backed financing to private exporting corporations. Supporters of the bank argue that it is a critical tool to promote exports, create jobs, support small businesses, improve competitiveness, and...