Options for Reforming America’s Tax Code
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 comprehensive tax reform in the near future.
To assist lawmakers in assembling tax reform bills over the coming months, and to help the American public in understanding the tax changes being proposed, we’ve assembled this book: a collection of 86 commonly proposed changes to the U.S. tax code that might be part of a future tax reform bill. Over the past few months, our team of economists have modeled the effects of each option on federal revenue, the distribution of the tax burden, and the U.S. economy.
It is becoming increasingly clear that tax reform is a once-in-a-generation opportunity. We hope that this book helps policymakers get it right.