Responses to Senator Baucus’s Staff Discussion Drafts
January 17, 2014
Today is the deadline for submitting formal comments to the Senate Finance Committee in response to Senator Baucus’s tax reform staff discussion drafts.
Following the release of the drafts, we produced a series of research and analysis on the content of the discussion draft.
Generally speaking, we found that the tax reform proposals in these drafts go in the wrong direction. Our modeling shows that they damage economic growth, hurt investment, and, in many instances, violate the principles of sound tax policy: simplicity, transparency, neutrality, and stability.
We believe that economic growth should be the focus of tax reform. A plan that focuses on the core principles of sound tax policy can grow the economy and improve the standard of living for all taxpayers in America.
Included below is the collection of research and analysis we produced in response to Senator Baucus’s staff discussion drafts.
Was this page helpful to you?
The Tax Foundation works hard to provide insightful tax policy analysis. Our work depends on support from members of the public like you. Would you consider contributing to our work?Contribute to the Tax Foundation
Let us know how we can better serve you!
We work hard to make our analysis as useful as possible. Would you consider telling us more about how we can do better?Give Us Feedback