Author: United States. President's Advisory Panel on Federal Tax Reform
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 304
Book Description
The official account of the advisory panel formed by Presi-dent George W. Bush to identify major problems in the U.S.Federal Tax Code and to recommend options to make the codesimpler, fairer and more conducive to economic growth. Thepanel's report was submitted to U.S. Secretary of the Trea-sury John W. Snow on Nov. 1, 2005. Chaired by Connie MackIII, the panel recommended 2 reform options: the SimplifiedIncome Tax Plan & the Growth & Investment Tax Plan.
Simple, Fair, and Pro-growth
Author: United States. President's Advisory Panel on Federal Tax Reform
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 272
Book Description
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 272
Book Description
U.S. Investment Since the Tax Cuts and Jobs Act of 2017
Author: Emanuel Kopp
Publisher: International Monetary Fund
ISBN: 1498317049
Category : Business & Economics
Languages : en
Pages : 37
Book Description
There is no consensus on how strongly the Tax Cuts and Jobs Act (TCJA) has stimulated U.S. private fixed investment. Some argue that the business tax provisions spurred investment by cutting the cost of capital. Others see the TCJA primarily as a windfall for shareholders. We find that U.S. business investment since 2017 has grown strongly compared to pre-TCJA forecasts and that the overriding factor driving it has been the strength of expected aggregate demand. Investment has, so far, fallen short of predictions based on the postwar relation with tax cuts. Model simulations and firm-level data suggest that much of this weaker response reflects a lower sensitivity of investment to tax policy changes in the current environment of greater corporate market power. Economic policy uncertainty in 2018 played a relatively small role in dampening investment growth.
Publisher: International Monetary Fund
ISBN: 1498317049
Category : Business & Economics
Languages : en
Pages : 37
Book Description
There is no consensus on how strongly the Tax Cuts and Jobs Act (TCJA) has stimulated U.S. private fixed investment. Some argue that the business tax provisions spurred investment by cutting the cost of capital. Others see the TCJA primarily as a windfall for shareholders. We find that U.S. business investment since 2017 has grown strongly compared to pre-TCJA forecasts and that the overriding factor driving it has been the strength of expected aggregate demand. Investment has, so far, fallen short of predictions based on the postwar relation with tax cuts. Model simulations and firm-level data suggest that much of this weaker response reflects a lower sensitivity of investment to tax policy changes in the current environment of greater corporate market power. Economic policy uncertainty in 2018 played a relatively small role in dampening investment growth.
President's Tax Relief Proposals
Author: United States. Congress. House. Committee on Ways and Means
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 184
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 184
Book Description
Qualified Business Income Deduction
Author: Elliot Pisem
Publisher:
ISBN: 9781633592612
Category : Income tax deductions
Languages : en
Pages :
Book Description
...discusses a new provision of the Internal Revenue Code, §199A, which provides a 20% deduction for qualified business income, qualified publicly traded partnership income, qualified REIT dividends, and income of, or received from, certain agricultural or horticultural cooperatives. The Portfolio describes the requirements that taxpayers must meet in order to qualify for the deduction, the complex rules that limit taxpayers’ eligibility for the deduction, and the many uncertainties that taxpayers and their advisers face in interpreting the statute.
Publisher:
ISBN: 9781633592612
Category : Income tax deductions
Languages : en
Pages :
Book Description
...discusses a new provision of the Internal Revenue Code, §199A, which provides a 20% deduction for qualified business income, qualified publicly traded partnership income, qualified REIT dividends, and income of, or received from, certain agricultural or horticultural cooperatives. The Portfolio describes the requirements that taxpayers must meet in order to qualify for the deduction, the complex rules that limit taxpayers’ eligibility for the deduction, and the many uncertainties that taxpayers and their advisers face in interpreting the statute.
Estimates of Federal Tax Expenditures
Author: United States. Congress. Joint Committee on Internal Revenue Taxation
Publisher:
ISBN:
Category : Revenue
Languages : en
Pages : 20
Book Description
Publisher:
ISBN:
Category : Revenue
Languages : en
Pages : 20
Book Description
OECD Tax Policy Studies Tax Policy Reform and Economic Growth
Author: OECD
Publisher: OECD Publishing
ISBN: 9264091084
Category :
Languages : en
Pages : 157
Book Description
This report investigates how tax structures can best be designed to support GDP per capita growth.
Publisher: OECD Publishing
ISBN: 9264091084
Category :
Languages : en
Pages : 157
Book Description
This report investigates how tax structures can best be designed to support GDP per capita growth.
Congressional Record
Author: United States. Congress
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 1392
Book Description
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 1392
Book Description
107-1 Hearing: President's Tax Relief Proposals: Tax Proposals Affecting Individuals, Serial No. 107-6, March 21, 2001
Author: United States. Congress. House. Committee on Ways and Means
Publisher:
ISBN:
Category :
Languages : en
Pages : 188
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 188
Book Description
General Explanations of the Administration's Fiscal Year 2014 Revenue Proposals
Author: Treasury Department
Publisher: Government Printing Office
ISBN:
Category : Political Science
Languages : en
Pages : 258
Book Description
Each February when the President releases his proposed Federal Budget for the following year, Treasury releases the General Explanations of the Administration's Revenue Proposals. Known as the “Green Book” (or Greenbook), the document provides a concise explanation of each of the Administration’s Fiscal Year 2014 tax proposals for raising revenue for the Government. This annual document clearly recaps each proposed change, reviewing the provisions in the Current Law, outlining the Administration's Reasons for Change to the law, and explaining the Proposal for the new law. Ideal for anyone wanting a clear summary of the Administration's policies and proposed tax law changes. While many of the proposals included in the FY 2014 budget are either the same or modified versions of proposals included in the Administration’s FY 2013 budget, there are nearly 50 new revenue proposals in the 2014 budget, including closing loopholes and changing tax credits and incentives. Following are a few of the President's new revenue proposals that are explained in the Treasury FY2014 Green Book: Extending employment tax credits for hiring veterans; Requiring derivatives contracts to be marked to market and taxed as ordinary income on an annual basis; Repealing the domestic manufacturing deduction for oil and natural gas production; Establishing multiple incentives for investment in infrastructure, including “America Fast Forward” Bonds and increasing caps on other bonds; Taxing carried interest as ordinary income; Returning the estate tax to 2009 levels, modifying the recent estate tax exclusions and rates signed into law earlier this year under the American Taxpayer Relief Act; Prohibiting individuals from accumulating more than $3 million in tax-preferred retirement accounts; and Capping the benefit of certain deductions (such as a charitable contribution deduction) to 28 percent for taxpayers at or above the 33% marginal tax rate.
Publisher: Government Printing Office
ISBN:
Category : Political Science
Languages : en
Pages : 258
Book Description
Each February when the President releases his proposed Federal Budget for the following year, Treasury releases the General Explanations of the Administration's Revenue Proposals. Known as the “Green Book” (or Greenbook), the document provides a concise explanation of each of the Administration’s Fiscal Year 2014 tax proposals for raising revenue for the Government. This annual document clearly recaps each proposed change, reviewing the provisions in the Current Law, outlining the Administration's Reasons for Change to the law, and explaining the Proposal for the new law. Ideal for anyone wanting a clear summary of the Administration's policies and proposed tax law changes. While many of the proposals included in the FY 2014 budget are either the same or modified versions of proposals included in the Administration’s FY 2013 budget, there are nearly 50 new revenue proposals in the 2014 budget, including closing loopholes and changing tax credits and incentives. Following are a few of the President's new revenue proposals that are explained in the Treasury FY2014 Green Book: Extending employment tax credits for hiring veterans; Requiring derivatives contracts to be marked to market and taxed as ordinary income on an annual basis; Repealing the domestic manufacturing deduction for oil and natural gas production; Establishing multiple incentives for investment in infrastructure, including “America Fast Forward” Bonds and increasing caps on other bonds; Taxing carried interest as ordinary income; Returning the estate tax to 2009 levels, modifying the recent estate tax exclusions and rates signed into law earlier this year under the American Taxpayer Relief Act; Prohibiting individuals from accumulating more than $3 million in tax-preferred retirement accounts; and Capping the benefit of certain deductions (such as a charitable contribution deduction) to 28 percent for taxpayers at or above the 33% marginal tax rate.
Electric Utility Tax Relief Proposals in the President's Fiscal Year 1977 Budget
Author: United States. Congress. House. Committee on the Budget. Task Force on Tax Expenditures and Off-Budget Agencies
Publisher:
ISBN:
Category : Electric Utilities
Languages : en
Pages : 108
Book Description
Publisher:
ISBN:
Category : Electric Utilities
Languages : en
Pages : 108
Book Description