Testimony A Blueprint for Tax Reform and Health Reform
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Before the Senate Committee on Finance
Leonard E. Burman
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In this testimony Burman outlines a plan for tax reform that would maintain progressivity, raise enough revenues to finance the government, and dovetail with plans to provide universal access to health insurance. It would combine a value-added tax (VAT) dedicated to pay for a new universal health insurance voucher with a vastly simplified and much flatter income tax. With a new financing source for health care, income tax rates could be cut sharply-the top rates could be cut to 25 percent or less. The health care voucher would also offset the inherent regressivity of a VAT. And, under the simplified system, most Americans would not have to file income tax returns.
Research and Evidence Tax and Income Supports Health Policy
Expertise Taxes and the Economy Health Care Coverage, Access, and Affordability Aging and Retirement
Tags Health insurance