Sensible Tax Reform

Author: Christopher M. Korth
Publisher: Morgan James Publishing
ISBN: 1630470872
Format: PDF, ePub
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The Internal Revenue Code of the American government is badly broken. Its more than seventy-seven thousand pages have created a tax system that is not understood by the businesses and individuals that must abide by it. Perhaps even worse, it is also not understood by either the Congressmen who wrote it or the Internal Revenue Service that is supposed to enforce it. What originated as a system for financing the federal government has devolved into a confusing system for what Newt Gingrich described as both left-wing and right-wing “social engineering.” Our Internal Revenue Code has been corrupted beyond repair. It needs to be completely revised. Many economists believe that a new federal tax system based upon consumption would be far superior to the current one based upon income. Simpler, more just, and much healthier for the economy, this type of system would: -sharply increase both personal income and business profits-encourage saving-discourage borrowing -be much easier to implement than an income-based tax system -save and create millions of jobs in this country Sensible Tax Reform—Simple, Just and Effective is a comprehensive yet relatively simple tax-reform proposal based primarily upon a federal consumption tax. The STR plan will completely replace our existing income-based federal tax system with a revolutionary new one. Businesses will pay no federal income or payroll taxes. Individuals will pay no payroll taxes (i.e., Social Security and Medicare), and few will pay any income taxes either. STR will open excellent opportunities for Americans to improve their standards of living and for our companies to regain the competitive vigor lost to the weak economy of recent years.

The Theory and Practice of Tax Reform in Developing Countries

Author: Etisham Ahmad
Publisher: Cambridge University Press
ISBN: 9780521397421
Format: PDF, Docs
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Approaching tax reform from basic economic principles, this study develops guidelines for policy design and demonstrates how they can be applied to a practical program for Pakistan, where tax reform has become an urgent priority.

Fiscal Reforms in the Least Developed Countries

Author: Chandra K. Patel
Publisher: Edward Elgar Publishing
ISBN: 9781782541486
Format: PDF, Kindle
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The empirical research in this volume provides an analysis of the experience of the fiscal reforms carried out since the early 1980s in four different LDCs - Bangladesh, The Gambia, Malawi and the United Republic of Tanzania. The case studies examine the nature and budgetary impact of the fiscal reforms in these countries, assess the extent to which reforms have achieved their objectives and discuss the major obstacles to the success of fiscal reform.

Tax reform

Author: United States. Congress. House. Committee on Ways and Means
Publisher:
ISBN:
Format: PDF, Mobi
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