Key Principles to Achieve Tax Reform that Grows the Economy, Not the National Debt
Tax reform done right will promote economic growth, increase fairness and simplicity, and improve the nation’s fiscal outlook.
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Tax reform done right will promote economic growth, increase fairness and simplicity, and improve the nation’s fiscal outlook.
Here are principles for reform to help ensure that our budget process is conducive to fiscally responsible policymaking.
Lawmakers should use the opportunities presented by the annual budgetary process to set policy priorities and provide more certainty about our nation’s fiscal policy.
While the recession has technically ended, our economy is still suffering and far from completely recovered.
For the third year in a row, Congress did not adopt a budget resolution.
The end of the supercommittee doesn’t mean the end of the fiscal policy debate in Washington.
Last year, the U.S. deficit of $1.4 trillion or 9.9 percent of gross domestic product, was the largest since the end of World War II.
https://www.pgpf.org/analysis/2009/04/the-us-faces-looming-fiscal-crisis
The Peter G. Peterson Foundation designed the Solutions Initiative, which asked six organizations representing the wide scope of American political thought to develop comprehensive plans for putting the country on a fiscally sustainable long-term path.
https://www.pgpf.org/analysis/the-2011-fiscal-summit-the-solutions-initiative
Each proposal presents a distinct vision of the role of the federal government in our economy.
https://www.pgpf.org/analysis/fiscal-year-2013-budget-proposals