Tag: ‘Tax Reform Act of 1986’

What Ronald Reagan Didn’t Say About the EITC

By :: July 30th, 2014

I like the Earned Income Tax Credit (EITC). It encourages work and allows millions of low-wage workers and their kids to escape a life of poverty. Democrats support it as a critical part of the safety net. Republicans back it because it rewards work and family. Just last week, House Budget Committee Chairman Paul Ryan […]

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Smart Tax Reform Could Shrink the Government

By :: July 8th, 2013

Max Baucus and Dave Camp, leaders of the Senate and House tax-writing committees, are on the road promoting tax simplification. One goal: cleaning out the mess of deductions, exclusions, credits, and other tax breaks that complicate the code. Done well, such house cleaning could make for a simpler, fairer, more pro-growth tax code. It could […]

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Five Lessons from the 1986 Tax Reform Act

By :: October 20th, 2011

October 22 is the 25th anniversary of the landmark Tax Reform Act of 1986. For those of us who still remember that remarkable event, it is a time to reminisce. But with tax reform back on the policy agenda, it may also be useful to consider some important lessons of  TRA 86. Here are five: […]

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