One of the most important provisions in the new House GOP tax plan is the disallowance of the business deduction for net interest expense. While this is not the sort of tax provision that most individuals handle on a day...
- Putting a Face on America's Tax Returns: Chart 28
Putting a Face on America's Tax Returns: Chart 28
September 24, 2012
Key Findings: The growing complexity of the U.S. tax code has led to large compliance costs for households and businesses. Using data from the Office of Information and Regulatory Affairs and the Bureau of Labor Statistics, it is possible to...
There is a widespread consensus among Americans across the political spectrum that the U.S. tax system is overly complex, inefficient, uncompetitive, and due for an overhaul. As a result, many U.S. policymakers have expressed a desire for...
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