Asbestos is found in rocks and soil. These mineral fibers have worked well for manufacturers for many reasons. For starters, theyâre flexible and resistant to heat, chemicals, and electricity. Thatâs why they were widely used for years to make construction materials, automotive parts, and even textiles.
A tax expenditure program is government spending through the tax code. Tax expenditures alter the horizontal and vertical equity of the basic tax system by allowing exemptions, deductions, or credits to select groups or specific activities.
tax expenditure. An example of a tax expenditure is. a tax deduction for the mortgage interest paid by homeowners. The Office of Management and Budget estimates that the total tax expenditures is more than ________ of the federal government's total receipts. 30%.