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The government actually publishes not one, but two tax expenditure budgets, one by the Treasury Department and the other by the Joint Committee on Taxation, listing all of the spending found in the tax code.

For tax expenditure programs to end, "There has to be a campaign, maybe a horror story," LeRoy said.

From a purely fiscal perspective, the government estimates in its “tax expenditure budget” that the parsonage allowance costs taxpayers about $12.1 billion over a 10-year window, money that could be used to pay for core government functions.

From an economic standpoint, the difference between the rates you pay and the rich pay is a tax expenditure, or a tax subsidy.

He proposed fixing the tax code so that it no longer favours investors over workers and free community college funded by eliminating the stepped-up basis tax expenditure that allows heirs to reduce the capital gains taxes they pay on inherited assets.