President's Advisory Panel for Federal Tax Reform

President's Advisory Panel for Federal Tax Reform

On January 7, 2005, President George W. Bush announced the establishment of the President's Advisory Panel for Tax Reform, a bipartisan panel to advise on options to reform the United States income tax code to make it simpler, fairer, and more pro-growth to benefit all Americans.

On November 1, 2005, the Advisory Panel submitted to the Secretary of the Treasury a report containing revenue-neutral policy options for reforming the Federal Internal Revenue Code. The options are meant to:

* simplify Federal tax laws to reduce the costs and administrative burdens of compliance with such laws;
* share the burdens and benefits of the Federal tax structure in an appropriately progressive manner while recognizing the importance of homeownership and charity in American society; and
*promote long-run economic growth and job creation, and better encourage work effort, saving, and investment, so as to strengthen the competitiveness of the United States in the global marketplace.cite web
date = November 1, 2005
url =
title = "Final Report"
format = HTML with PDF chapters
work =
publisher = President's Advisory Panel for Tax Reform
accessdate = 2007-10-19
] Panel members included:
*Connie Mack, III, Chairman
*John Breaux, Vice-Chairman
*William E. Frenzel
*Elizabeth Garrett
*Edward P. Lazear
*Timothy J. Muris
*James M. Poterba
*Charles O. Rossotti
*Liz Ann Sonders


External links

* [ President's Advisory Panel for Tax Reform]

Wikimedia Foundation. 2010.

Look at other dictionaries:

  • Tax reform — is the process of changing the way taxes are collected or managed by the government.Tax reformers have different goals. Some seek to reduce the level of taxation of all people by the government. Some seek to make the tax system more/less… …   Wikipedia

  • Real property use tax — The Real Property Use Tax (RPUT) is a tax system with assessment based on the size, level of development, and time in use of real property, and designed for general revenue acquisition. The tax system is a proposed replacement for the federal… …   Wikipedia

  • Citizens for Tax Justice — Motto Working for a Fair and Sustainable Tax System Formation 1979 Type Public Policy Think Tank Headquarters …   Wikipedia

  • Income tax — Public financeAn income tax is a tax levied on the financial income of persons, corporations, or other legal entities. Various income tax systems exist, with varying degrees of tax incidence. Income taxation can be progressive, proportional, or… …   Wikipedia

  • Health care reform debate in the United States — See also: Health care reform in the United States, Health care in the United States, and Uninsured in the United States Health care in the United States Public health care Federal Employees Health Benefits Program Indian Health Service… …   Wikipedia

  • Dodd–Frank Wall Street Reform and Consumer Protection Act — Full title An Act to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end too big to fail , to protect the American taxpayer by ending bailouts, to protect consumers… …   Wikipedia

  • National Commission on Fiscal Responsibility and Reform — Part of a series of articles on Unit …   Wikipedia

  • United States federal courts — United States This article is part of the series: Politics and government of the United States …   Wikipedia

  • Progressive Conservative Party of Canada candidates, 2000 Canadian federal election — The Progressive Conservative Party of Canada elected twelve candidates in the 2000 federal election, and emerged as the fifth largest party in the Canadian House of Commons. Many of the party s candidates have their own biography pages;… …   Wikipedia

  • FairTax — Part of a series on Taxation Taxation in the United States …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.