U.S. Tax Reform: An Overview of the Current Debate and Policy Options
July 1, 2005
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Summary
In the context of the current tax policy debate in the United States, this paper reviews and discusses some of the main recurrent themes, as well as some of the most important tax reform proposals put forward over the past two decades. It finds that although there seems to be widespread agreement that the current tax system is too complex, unfair, and distortionary, little or no consensus exists on how best to improve it.
Subject: Consumption taxes, Corporate income tax, Income, Income and capital gains taxes, Income tax systems
Keywords: alternative minimum tax, income tax, revenue, tax, VAT, WP
Pages:
29
Volume:
2005
DOI:
Issue:
138
Series:
Working Paper No. 2005/138
Stock No:
WPIEA2005138
ISBN:
9781451861570
ISSN:
1018-5941
