President Obama recently gave a lengthy speech on inequality, poverty, and what to do about it. He claimed inequality is increasing, which is debatable, and then offered a few populist ways to reduce it, such as raising...
- The Tax Policy Blog
- Understanding America’s Tax Code on the Path to Tax Reform
Understanding America’s Tax Code on the Path to Tax Reform
There is a general consensus that we need tax reform. The current tax code is too complicated, burdensome, and uncompetitive, and undermines our economic potential. This assessment is true, but much of what people believe tax reform should accomplish stems from common misconceptions about the distribution and administration of taxes in America.
Before we decide where we want to go, we need to know where we are. The second edition of our chart book, Putting a Face on America’s Tax Returns, maps out the landscape of the U.S. tax code and helps us understand the implications it has for taxpayers and the economy.
We’ve compiled this chart book not only to put a face on America’s taxpayers but also to provide all of the must-know background information to the key issues involved in reforming our nation’s tax code and refocus the discussion on the search for solutions to the fundamental problems with current tax policy in the United States.
We hope Putting a Face on America’s Tax Returns serves as your guide to understanding the long-term implications of tax policy and how we can best craft a tax code that leads to greater economic growth and greater prosperity for America.
Buy this blogger a cup of coffee!
Join the Tax Foundation's fight for sound tax policy Go
About the Tax Policy Blog
The Tax Policy Blog is the official weblog of the Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937. Our economists welcome your feedback. If you would like to send an e-mail to the author of a blog post, please click on that person's name to locate his or her e-mail address or visit our staff page here.