April 19, 2021 Options for Reforming America’s Tax Code 2.0 Download PDF Print this page Download PDF Subscribe Support our work Was this page helpful to you? Yes! No Thank 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 Share This Article! 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 Topics Center for Economic Analysis Center for Federal Tax Policy Alcohol Taxes Alternative Minimum Tax Business Alternative Minimum Tax Business Capital Gains and Dividends Taxes Business Consumption Taxes Business Tax Compliance and Complexity Business Tax Expenditures, Credits, and Deductions Business Taxes Corporate Income Taxes Cost Recovery Estate and Gift Taxes Excise Taxes High-Income Taxpayers, Progressivity, and Inequality Individual and Consumption Taxes Individual Capital Gains and Dividends Taxes Individual Income and Payroll Taxes Individual Tax Compliance and Complexity Individual Tax Expenditures, Credits, and Deductions Oil, Gas, and Transportation Taxes Small Business Taxes Tariffs and Trade Tax administration Tax Proposals, Comparisons, and the Economy Taxes and Economic Growth Taxes and The Economy Value Added Taxes Value-Added Tax (VAT) Tags 100 percent bonus depreciation 199A Alternative Minimum Tax and Wealth Taxes business inventory Cadillac Tax Carbon Taxes charitable deduction child tax credit cost recovery COVID-19 (coronavirus) earned income tax credit EITC full expensing home mortgage interest deduction Intangible Inventory itemized deductions SALT standard deduction State and Local Tax Deduction step-up in basis tariffs universal savings accounts VAT wealth tax