So far, the early debate over a 2017 tax bill has been an inside-the-Beltway game. But what will happen once the tax debate gets out of Washington? Will it engage a highly polarized and often-confused public?
Congress and President Trump are embarking on what is likely to be a major rewrite of the federal income tax code. Yet no one knows whether the hundreds of tax preferences embedded in the law accomplish their purpose.
A high-powered group of Republicans and business executives proposed replacing regulations for reducing greenhouse gases with a carbon tax. The two most interesting things about this initiative are who proposed it and what they’d do with the money.