One of the provisions under consideration in the tax extenders discussion is a reinstatement of 50 percent bonus expensing for equipment. This would strengthen investment spending and boost the sluggish recovery. It has...
- Ari Fleischer: Reforming the Tax Code to Promote Economic Growth, N...
Ari Fleischer: Reforming the Tax Code to Promote Economic Growth, Not Wealth Redistribution
Congress is currently in recess, but issues of taxes, government spending and economic growth continue to be on the minds of Americans. Monday, April 13 was Tax Freedom Day, the date on which Americans will have worked long enough to have earned enough money to pay this year's tax obligations at the federal, state and local levels. The Tax Foundation also recently released a poll showing that 56% of Americans believe that their federal income taxes are "too high" and a record 85% believing that the federal income tax code is "too complex" or "somewhat complex."
To give some perspective on the tax code and what reforms are needed, Tax Foundation Manager of Media Relations Matt Moon talks with Ari Fleischer, former White House press secretary under President George W. Bush, and now president of Ari Fleischer Sports Communications in New York City.
Fleischer penned an op-ed on Monday in the Wall Street Journal: "Everyone Should Pay Income Taxes: It's Bad for Our Democracy to Exempt Half the Country." Browse through our research for more on income taxes, tax complexity, tax reform and "non-payers" into the federal income tax.
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