Paul L. Caron
Dean




Thursday, May 6, 2021

Five Former IRS Commissioners (3 GOP, 2 Dem) Back Biden's Tax Plan

Washington Post, Five Former IRS Commissioners: Biden’s Proposal Would Create a Fairer Tax System:

The writers are former commissioners of the Internal Revenue Service: Lawrence B. Gibbs, 1986 to 1989; Fred T. Goldberg, 1989 to 1992; Margaret M. Richardson, 1993 to 1997; Charles O. Rossotti, 1997 to 2002; John Koskinen, 2013 to 2017.

President Biden’s proposal would restore our tax administration system to make it far fairer and more effective. This would benefit everyone who pays their taxes. It would produce a great deal of revenue by reducing the enormous gap between taxes legally owed and taxes actually paid — much of it through increased voluntary compliance. And it would improve taxpayers’ interactions with the IRS.

Achieving these goals will take time, persistence and sound management, but the investment is likely to pay for itself many times over, for decades to come.

Some may say: Great goals, but how would these changes be accomplished?

Three ways: information, resources and technology. ...

The Biden administration has advanced ... a comprehensive, long-term program for improving the tax administration system. If passed by Congress and effectively managed, it would produce enormous, lasting benefits.

https://taxprof.typepad.com/taxprof_blog/2021/05/five-former-irs-commissioners-3-gop-2-dem-back-bidens-tax-plan.html

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