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Publication Date: June 2007
Publisher: Tax Policy Center
Author(s): Leonard E. Burman
Research Area: Banking and finance
Keywords: Economy; Federal Budgets & Fiscal Policy; Income and Wealth Distribution; Tax Policy
Type: Audio/Visual
Abstract:
Burman outlines "action forcing events" including exploding entitlement costs, the AMT, increased economic inequality, and the expiration of the bush tax cuts that make a change in tax policy necessary. He concludes with good and bad ways to raise income tax revenues.