FEDERAL PROPOSALS FOR TAX REF. (America in the 21st Century: Political and Economic Issues) - Softcover

HANNAFORD S.G.

Softcover

ISBN 10: 1622579607 ISBN 13: 9781622579600

Publisher: Gazelle, 2013

Synopsis

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".

Edition details

• Publisher: Gazelle
• Publication date: 2013
• Language: English
• ISBN 10: 1622579607
• ISBN 13: 9781622579600
• Binding: Paperback
• Number of pages: 1