April 16, 1987 More Battles over Tax Burdens Print this page Subscribe Support our work Download More Battles over Tax Burdens Summary 1. Because of the deficit and other factors, there will be a continual testing of sentiment to retain or raise top marginal tax rates. 2. The historical record does not support charges that the Federal tax system has become much less progressive and rewards the rich. 3. The specific way the Tax Reform Act of 1986 was crafted leaves an opening for top rate hikes, but, if rates are raised, they will have to reach down to at least the upper-middle income groups to realize significant revenues. 4. Fiscal policy restraint and value-added taxation are viable alternatives to income tax increases. Topics Center for Federal Tax Policy Business Taxes Individual Income and Payroll Taxes Research Value Added Taxes Value-Added Tax (VAT)
