Are there better ways to tax the rich? - Brookings
Nov 18, 2024 · Framing the upcoming tax debate: 5 issues, 4 paths Federal Fiscal & Tax Policy Framing the upcoming tax debate: 5 issues, 4 paths Ian Berlin, William G. Gale
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What will tax reform look like in 2025?
golden sunset and beautiful blue sky. Concept for new year 2025. In the first of a four-video series, Tax Notes ’ Robert Goulder and Monte Jackel of Jackel Tax Law discuss the prospects for tax reform in 2025, particularly taxing gains at death and liability in excess of basis. This transcript has been edited for length and clarity. ...
What is the problem with partnership tax law?
But the main problem with partnership tax law is that there are a lot of gray areas. In fact, almost every issue in subchapter K is gray. It could go one way or the other way. And with very smart people, clever people, working on these issues to get a clear resolution of it by an audit alone would probably fail in most cases. ...
Does the 86 Tax Reform Act really need a stiff spine?
So again, if they're going to do fundamental tax reform, they need a stiff spine or at least stiffer than the one that currently exists. And somehow, although some people when I say this they react adversely, the '86 Tax Reform Act was somehow they got everyone together to at least get something done that was comprehensive. ...
Is the Congressional Budget Process irretrievably broken?
But the Congressional budget process is irretrievably broken. For the fourth time in the past 20 years (2011, 2013, 2017 and 2023) the debt ceiling has triggered budget frustrations that threaten to boil over into a full-blown seismic shock. The present dysfunction can be traced back to the post-Watergate budget reforms enacted nearly 50 years ago. ...
Does Kamala Harris support Biden's tax plan?
Kamala Harris has not laid out specific tax proposals yet but has endorsed President Biden’s vow to avoid tax increases on households with income below $400,000 and his proposals to raise taxes on corporations and affluent households. Congress may revisit the TCJA’s business tax cuts as well. ...
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