
The Tax Reform Tradeoff: The Cost of Keeping Expenditures
Reform that eliminates virtually all tax expenditures allows for rates to be lowered significantly.
The search found 4 results in 0.065 seconds.
Reform that eliminates virtually all tax expenditures allows for rates to be lowered significantly.
U.S. Treasury Secretary Steven T. Mnuchin told Harwood that the president is prioritizing comprehensive tax reform as a key part of boosting growth.
https://www.pgpf.org/what-we-are-doing/fiscal-summit/2017-fiscal-summit/steven-mnuchin
The paper puts real numbers behind different scenarios for a structure for tax reform: eliminating income tax expenditures to enable lower tax rates.
As the large baby boom generation enters retirement and Americans continue to enjoy longer lifespans, more and more individuals will collect benefits from the system and for longer periods, while relatively fewer workers will contribute taxes to support it.
https://www.pgpf.org/analysis/2017/07/trustees-warn-social-security-in-financial-trouble