Successful Tax Reform: Dealing with the Near Term, Planning for the Long Term

Sep 21, 2012
11:30am1:30pm
Senate Dirksen 562

Event Speakers

Jason J. Fichtner

Former Senior Research Fellow

Please join the Mercatus Center for a panel discussion grounded in academic research and practical experience on how the federal tax code can be reformed to promote sustained economic growth and competitiveness, and provide sufficient revenue.

The principle aim of the tax code is to raise enough revenue to meet the government’s spending requirements while providing the structure and incentives for sustained economic growth. But the current tax code fails on both counts: by severely distorting market decisions, it impedes both potential economic growth and potential tax revenue. It is also overly complex, inefficient, inequitable, and ultimately, unsustainable.

This discussion will focus on the following:

 

  • What key reforms will promote economic growth and competitiveness, as well as sufficient revenue? 

- Individual Tax Reform 

-Corporate Tax Reform 

-Entitlement Tax Reform 

-Tax Expenditures/ Tax Extenders 

  • The tax code needs fundamental reform. What are the drawbacks of a piecemeal approach? 
  • Is there an ideal level of taxation (revenue/GDP) for economic growth and job creation?  
  • How have other nations attempted to reform their tax codes, and what can we learn from their results?

 

 Please register online for this event.

This event is free and open to all congressional, executive branch, and federal agency staff, as well as policy stakeholders. This event is not open to the general public. Due to space constraints, please no interns without prior approval. For any questions, please contact Erin Connolly at econnol4@gmu.edu or 703-993-9913.