Simple, Fair, and Pro-Growth: Proposals to Fix America’s Tax System, Report of the President’s Advisory Panel on Federal Tax Reform, November 2005 Q.Simple, Fair, and Pro-Growth: Proposals to Fix America’s Tax System, Report of the President’s Advisory Panel on Federal Tax Reform, November 2005. A.The President’s Advisory Panel on Federal Tax Reform recommended two simpler and fairer alternatives to the US income tax system, but both come with some big catches. Read more about Simple, Fair, and Pro-Growth: Proposals to Fix America’s Tax System, Report of the President’s Advisory Panel on Federal Tax Reform, November 2005
Who would qualify for return-free tax filing? Q.Who would qualify for return-free filing? A.As many as 50 million taxpayers would qualify, including most of those who take the standard deduction and rely on wages for most of their income. Read more about Who would qualify for return-free tax filing?
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?
