U.S. And Swedish Trends In Tax Reform
Beginning of paper
Tax reform has become a major governmental policy issue in the United
States as well as in the rest 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. ....
Middle of paper
.... about taxes has changed since then. He
also discusses some of the tax reform proposals that are now currently being
thought about in Congress.
In 1986 the United States Congress enacted the Tax Reform Act (TRA-86).
The act passed with a great deal of bipartisan support. This support was made
possible by two 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 substantia ....
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Word count: 1013
Page count: 4 (approximately 250 words per page)
