Friday, May 25, 2012
Stephen E. Shay (Harvard), Daunting Fiscal and Political Challenges for U.S. International Tax Reform, 66 Bull. for Int'l Tax'n 4 (2012):
This article reviews fiscal and political challenges to agreement on U.S. tax reform. Due to current U.S. budget deficits, fiscal structure and political gridlock, the challenges to finding common ground on a broad tax reform or a separate international tax reform are daunting.