tax reform

If tax reform goes forward this year, as some leaders in Congress hope, one thing is certain: It won't be an elegant exercise in representative democracy. Think more interest group feeding frenzy.  To see what may lie ahead, I've been reading the classic inside account of the 1986 tax reform...
02/20/2013
Blog
Tax reform may be moving to the front burner of Congress this year, if two powerful committee chairs get their way, according to Politico. Should this happen, get ready for a fierce battle over the charitable tax deduction, a large and obvious target for reformers looking for revenue. The...
02/20/2013
Blog
Senator Schumer offered a much needed intervention in the tax debate in a speech on Tuesday. What Schumer said is that revenue-neutral tax reform was a fantasy and that any big Congressional deal on tax reform had to include higher rates on the wealthy, as well as more revenue overall. Yes and yes...
10/11/2012
Blog
One of the few thin­gs that President Obama and Mitt Romney are likely to agree on when they debate next week is the need for tax reform. Both candidates have backed streamlining America’s crazy-quilt tax code, and both have said that reforms could boost economic growth. Meanwhile, two key...
10/01/2012
Blog
It seems like everyone agrees that reforming the tax system is a good idea. Progressives don't like how today's Swiss cheese tax code mainly helps the affluent, while conservatives don't like how our tax system picks winners and losers. Typical filers complain about the complexity of taxes --...
09/11/2012
Blog
“No challenge is more urgent,” President Obama said last night in his State of the Union Address, than keeping alive “the basic American promise that if you worked hard, you could do well enough to raise a family, own a home, send your kids to college, and put a little away for...
01/25/2012
Blog
The only thing that separates progressives and conservatives when it comes to taxes is more or less  a matter of percentages: what is the best tax rate for each income bracket? Or, how much income tax should corporations pay? In fact, these debates are all variations on the same theme --...
01/17/2012
Blog
Regardless of whether you think taxes should be increased or decreased, there is one point in which most people agree: Our current tax system is too complex and in desperate need of reform. The solution, however, is not to get rid of taxes but to shift what we tax. Our current tax system taxes a...
01/12/2012
Blog
If you have listened to conservatives talking about taxes -- oh, for the past 30 years -- you might think the number one complaint Americans have about taxes is that they pay too much. Wrong. In fact, past polls have often shown that Americans are more irked by the sense that the tax system is...
01/12/2012
Blog
Regardless of whether you think taxes should be increased or decreased, there is one point in which most people agree: Our current tax system is too complex and in desperate need of reform. The solution, however, is not to get rid of taxes but to shift what we tax. Our current tax system taxes a...
01/11/2012
Blog
Syndicate content