Brief Tax Reform In An Era Of Deficits
Eric Toder
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Tax reform should focus on three goals:1) reducing needless complexity, 2) reducing backdoor spending through the tax code, and 3) reforming rules for taxing saving and investment to make our tax law more suitable for a globalized economy. This note summarizes steps that should be taken and how recent recommendations by the President's Economic Recovery Board, the National Taxpayer Advocate, the President's Fiscal Commission, and the Bipartisan Policy Center provide a road map for future changes.
Research Areas Taxes and budgets
Tags Federal budget and economy Campaigns, proposals, and reforms Federal tax issues and reform proposals
Policy Centers Urban-Brookings Tax Policy Center