What Are Tax Expenditures? July 3, 2014 TF Staff Tax Foundation Economist Will McBride, PhD, and Fellow Michael Schuyler explain tax expenditures and the importance of saving and investment. For more videos, click here, or follow us on YouTube. Topics Individual Tax Expenditures, Credits, and Deductions Related Articles The Effects of Converting the State and Local Tax Deduction into a Credit Which Areas Benefit Most From the Home Mortgage Interest Deduction? Which States Benefit Most from the Home Mortgage Interest Deduction? The Effects of Lowering the Cap on the Home Mortgage Interest Deduction Corporate and Individual Tax Expenditures The Effects of Making the Charitable Deduction Above-The-Line Subscribe to The Weekly Tax Update Join over 20,000 subscribers! Get the latest in tax news and analysis, delivered directly to your inbox every week. Never miss a post! Get email updates when we post new content.