The Tax Reform Impasse

The Tax Reform Impasse
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We remain stuck in the same Ground Hog Day rut that has bedeviled tax reform—individual or corporate—throughout the Obama Administration. Obama and the Democrats won’t support reform unless it produces revenue to fund new spending and/or deficit reduction. Republicans won’t support it if it does increase revenue. So there we are.

Obama’s repackaging of an old proposal does nothing to break this impasse

- See more at: http://taxvox.taxpolicycenter.org/2013/07/30/obamas-new-corporate-tax-offer-is-another-dead-end/#sthash.Gr5vD721.dpuf
- See more at: http://taxvox.taxpolicycenter.org/2013/07/30/obamas-new-corporate-tax-offer-is-another-dead-end/#sthash.Gr5vD721.dpuf

we remain stuck in the same Ground Hog Day rut that has bedeviled tax reform—individual or corporate—throughout the Obama Administration. Obama and the Democrats won’t support reform unless it produces revenue to fund new spending and/or deficit reduction. Republicans won’t support it if it does increase revenue. So there we are.

Obama’s repackaging of an old proposal does nothing to break this impasse

- See more at: http://taxvox.taxpolicycenter.org/2013/07/30/obamas-new-corporate-tax-offer-is-another-dead-end/#sthash.Gr5vD721.dpuf

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