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U.S. And Swedish Trends In Tax Reform
Part 1 of Paper ....t of the world. Countries are attempting to balance
both economic efficiency and provide equity in taxation. Governments are
looking to rewrite tax codes to minimize their impact on economic growth.
Specifically, governments throughout the world are attempting to preserve
incentives built into taxation to maximize ec.... Part 2 of Paper ....features of the act. The first was that federal income tax
rates were to be cut dramatically. While this would lead one to believe that
federal government receipts were cut substantially as well, it was the second
important feature of the bill that allowed it to be revenue neutral. This
feature was that the bill was to improve horizontal equity in the tax system.
This would be accomplished by eliminating many of the deductions that many
individuals, particularly the well to do, were allowed t.... |
Number of words: 1013 - Approximate pages: 4 |
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