The Moment of Truth: Report of the National Commission on Fiscal Responsibility and Reform, December 2010 Q.The Moment of Truth: Report of the National Commission on Fiscal Responsibility and Reform, December 2010 A.The 2010 report of the National Commission on Fiscal Responsibility and Reform recommends policy reforms, collectively known as the Bowles-Simpson plan, intended to stabilize America’s fiscal path. Read more about The Moment of Truth: Report of the National Commission on Fiscal Responsibility and Reform, December 2010
The Tax Reform Act of 2014: Fixing Our Broken Tax Code So That It Works for American Families and Job Creators, House Ways and Means Committee Q.The Tax Reform Act of 2014: Fixing Our Broken Tax Code So That It Works for American Families and Job Creators, House Ways and Means Committee A.The Tax Reform Act of 2014, an ambitious plan for broadening the tax base and simplifying both the corporate and personal income taxes, was designed to be revenue neutral over the 10-year budget horizon. Read more about The Tax Reform Act of 2014: Fixing Our Broken Tax Code So That It Works for American Families and Job Creators, House Ways and Means Committee
What is comprehensive tax reform? Q.What is comprehensive tax reform? A.The term refers to broad, sweeping changes to the tax system. What qualifies as “comprehensive” is a judgment call. Read more about What is comprehensive tax reform?