TaxProf Blog

Editor: Paul L. Caron
Pepperdine University School of Law

A Member of the Law Professor Blogs Network

Wednesday, September 28, 2005

CED Calls for 10% VAT, AMT Repeal, and Estate Tax Reform

Cover_tax2005The Committee for Economic Development has published A New Tax Framework: A Blueprint for Averting a Fiscal Crisis:

The new report presents fiscally responsible recommendations for overhauling the federal tax system and raising the revenues needed to combat mounting federal budget deficits and the fiscal demands presented by an aging society. The CED proposal calls for a new hybrid federal tax system featuring a phased-in 10% VAT to supplement a reformed and streamlined federal income tax. The report also provides guidance for eliminating, reducing and consolidating special tax preferences. In addition, the report calls for the elimination of the AMT and reform of the Estate Tax.

http://taxprof.typepad.com/taxprof_blog/2005/09/ced_calls_for_1.html

Think Tank Reports | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341c4eab53ef00d83555177769e2

Listed below are links to weblogs that reference CED Calls for 10% VAT, AMT Repeal, and Estate Tax Reform :