Data Set Internal Revenue Service building, Washington, D.C.

Published on October 10th, 2013 | by Travis Korte


Data to Track Tax Break Effectiveness

Tax deductions, credits and exclusions cost the federal government approximately $1.1 trillion dollars in FY 2013. While these expenditures can help provide incentives and spur growth in industries from manufacturing to education, the individual tax breaks’ effects are rarely subject to rigorous evaluation after the breaks are codified. To aid in this evaluation and other analysis around the tax code, the non-profit federal budget transparency group National Priorities Project has assembled the data on tax expenditures going back to 1974.

The data set, which is available in its complete form for the first time, was cobbled together from a range of sources and normalized. It also includes derived statistics for each year such as tax expenditure as a percentage of GDP, and the amount of tax expenditure that benefits corporations versus individuals.

Get the data.

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About the Author

Travis Korte is a research analyst at the Center for Data Innovation specializing in data science applications and open data. He has a background in journalism, computer science and statistics. Prior to joining the Center for Data Innovation, he launched the Science vertical of The Huffington Post and served as its Associate Editor, covering a wide range of science and technology topics. He has worked on data science projects with HuffPost and other organizations. Before this, he graduated with highest honors from the University of California, Berkeley, having studied critical theory and completed coursework in computer science and economics. His research interests are in computational social science and using data to engage with complex social systems. You can follow him on Twitter @traviskorte.

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