TPC Testimony Before Senate Finance Committee

The Tax Policy Center, a joint venture of the Urban Institute and Brookings Institution, has published two tesitmonies from a recent Senate Finance Committee hearing on overhaul of the U.S. tax code: A Blueprint for Tax Reform and Health Reform Leonard Burman In this testimony Burman outlines a plan for tax reform that would maintain progressivity, raise enough revenues to finance the government, and dovetail with plans to provide universal access to health insurance. The plan would combine a value-added tax (VAT) dedicated to pay for a new universal health insurance voucher with a vastly simplified and much flatter income tax. Read the complete testimony Individual Taxpayers and Federal Tax Reform William Gale In the next few years, several factors including the expiration of the bush Administration's tax cuts will push tax issues to the forefront of policy discussions. Gale's testimony focuses on some overarching principles that should guide tax reform efforts. Read the complete testimony
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