Tax Reform's Next Step: End State and Local Tax Deductions and Boost the Personal Exemption


 

Publication Date: February 1988

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

Author(s): Peter J. Ferrara

Research Area: Banking and finance

Keywords: Taxes

Type: Report

Abstract:

Many lawmakers recognize, as does Ronald Reagan, that the process of tax reform is incomplete. There is no better way for Congress to continue this process than by considering a reform that would remove many of the inequities remaining in the tax code.