Tag: ‘Bowles-Simpson’

What the Joint Tax Committee Really Said About Tax Reform

By :: October 15th, 2012

On Friday, congressional Democrats released the results of a new analysis of base-broadening, rate-cutting tax reform by the Joint Committee on Taxation. For reformers everywhere the results seemed exceedingly grim: By eliminating all deductions, Congress could reduce tax rates by only a puny 4 percent without adding to the deficit. The top tax rate, for instance, […]

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