Assessing fundamental tax reform

Altig, David E.; Auerbach, Alan J.; Kotlikoff, Laurence J.; Smetters, Kent; Walliser, Jan

Journal Article

Assessing fundamental tax reform

Abstract: A look at how some basic tax reform proposals stack up against four, sometimes competing, requirements laid out by President Clinton in a December 1997 speech: Is the proposal fiscally responsible? Will it be good for the economy? Will it lead to a simpler tax system? And finally, is it fair to all Americans?

Keywords: Taxation;