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.