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The decline in purchasing power has important implications for the federal budget and our nation’s infrastructure, and has led some to call for a new effort to address the gas tax.
Significant damage was done to America’s fiscal outlook over the past year.
Simplifying the tax code to enhance fairness and promote economic growth
The lengthy and complex United States tax code can be difficult for Americans to understand.
Tax reform done right will promote economic growth, increase fairness and simplicity, and improve the nation’s fiscal outlook.
The budgetary and economic effects of proposed tax legislation are a critical element of the debate.
The federal government finances its operations with taxes, fees, and other receipts collected from many different sectors of the economy.
One issue that most lawmakers and voters agree on is that our tax system needs reform.