Tax expenditures (TEs) undergo a policy cycle that spans five interconnected stages: set-up, implementation, reporting, evaluation, and reform. Actions taken at each stage influence outcomes in other stages, making coherence across the cycle essential. The Tax Expenditures Lab has just published a new page that walks through the full policy cycle for tax expenditures—from set-up to implementation, reporting, evaluation and reform.
Whether you’re a policymaker, researcher, or just curious about how tax expenditures evolve, this overview offers a clear framework to understand the key stages and decision points.
Check it out here: https://www.taxexpenditures.org/te-policy-cycle/
