Tax Indexing: At Last a Break for the Little Guy


 

Publication Date: March 1983

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Thomas M. Humbert

Research Area: Banking and finance

Keywords: Taxes

Type: Report

Abstract:

If Congress repeals indexing, it will overturn one of the fairest and most beneficial tax reforms in recent U.S. history. The little guy needs a tax break. Congress and President Reagan gave it to him in 1981. It would be unfair for Congress to take it back.