1 option
Federal proposals for tax reform / Steven G. Hannaford and Emily Wallace, editors.
- Format:
- Book
- Series:
- America in the 21st century (New York, N.Y.)
- Economic issues, problems and perspectives series.
- America in the 21st century, political and economic issues
- Economic Issues, Problems and Perspectives
- Language:
- English
- Subjects (All):
- Fiscal policy--United States.
- Fiscal policy.
- Taxation--United States.
- Taxation.
- Business tax--United States.
- Business tax.
- United States--Economic conditions--2009-.
- United States.
- Physical Description:
- 1 online resource (136 pages) : illustrations.
- Place of Publication:
- Hauppauge, New York : Nova Science, [2013]
- Summary:
- The President and leading Members of Congress have stated that fundamental tax reform is a major policy objective for the 112th Congress. Some Members have said that fundamental tax reform is needed in order to raise a large amount of additional revenue, which is necessary to reduce high forecast budget deficits and the sharply rising national debt. Congressional interest has been expressed in both a major overhaul of the U.S. tax system and the feasibility of levying a consumption tax. Some proponents of reform argue that the tax base should be broadened by reducing or eliminating many tax expenditures. An alternative to increasing tax revenues is cutting spending. Thus, Members are faced with considering the best mix of tax increases and spending cuts in order to reduce deficits and slow the growth of the national debt. This book examines major fiscal reform proposals for tax reform with a focus on business tax reform and the extension of the "Bust Tax Cuts".
- Contents:
- Tax reform : an overview of proposals in the 112th Congress
- An overview of major tax proposalsin the president's FY2012 budget
- The president's framework for business tax reform
- An overview and comparison of s enate proposals to extend the "Bush tax cuts" : S. 3412 and S. 3413.
- Notes:
- Includes bibliographical references and index.
- Description based on print version record.
- ISBN:
- 1-62257-961-5
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.