Analysis

Nov 17, 2017
The Tax Reform Tradeoff: The Cost of Keeping Expenditures
Reform that eliminates virtually all tax expenditures allows for rates to be lowered significantly.
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Reform that eliminates virtually all tax expenditures allows for rates to be lowered significantly.
The paper puts real numbers behind different scenarios for a structure for tax reform: eliminating income tax expenditures to enable lower tax rates.
An aging population and rising per-enrollee healthcare costs will drive sharp increases in Medicare spending, which will not keep pace with the program’s funding sources.
https://www.pgpf.org/analysis/2017/07/medicare-trustees-warn-of-serious-financial-shortfalls