State and local governments depend on many different types of taxes, one of which is known as an excise tax. Like general sales taxes, excise taxes are paid on the purchase of an item. But unlike sales taxes, excise...
- Douglas Holtz-Eakin of the American Action Forum: How to ...
Douglas Holtz-Eakin of the American Action Forum: How to Address the Expiring Bush Tax Cuts
The fate of the 2001 and 2003 Bush tax cuts is up in the air. President Obama has proposed extending all of the tax cuts for everyone but high-income taxpayers. Some members of Congress are arguing that none of the tax cuts should be extended given current deficit levels. Some are calling for a temporary extension, while still others are calling for a permanent extension. In this week's podcast, Tax Foundation President Scott Hodge interviews Douglas Holtz-Eakin, former Director of the Congressional Budget Office and current President of the American Action Forum, who recently testified at a Senate Finance Committee Hearing on how to address the Bush tax cuts. Holtz-Eakin also is a member of the Tax Foundation's Board of Directors.
For more on the expiration of the Bush tax cuts, see the Tax Foundation's Frequently Asked Questions on the Expiring Bush Tax Cuts.
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