The Tax Policy Center Newsletter
May 22, 2008
Contemporary Tax Policy offers an insider's look at tax policy based on a quarter century of working with officials of all political stripes. Steuerle outlines the principles of taxation and the early postwar period before proceeding to the tax policy battles that began with the Reagan revolution and continue today. Those expecting a simple story of triumph and defeat may be surprised. Rather than moving toward consensus and progress, tax policy history has been messy, repetitive, and often rancorous. Yet evolution-and even revolution-do occur. The second edition has been updated with a look at tax policy during the George W. Bush presidency.
Contemporary U.S. Tax Policy, Second Edition by C. Eugene Steuerle, is available from the Urban Institute Press (paper, 344 pages, ISBN 978-0-87766-738-4, $29.50).
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Find out who has proposed what, how much drivers might save, and more. Read all the facts
Auerbach, Furman, and Gale argue that the fiscal problems facing the country not only won't go away by themselves, but are actively getting worse. This paper uses the most recent Congressional Budget Office (CBO) baseline projection to examine the causes of the fiscal decline since 2000 and the medium- and longer-term fiscal outlook.
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