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U.S. And Swedish Trends In Tax Reform
Beginning of paper
Tax reform has become a major governmental policy issue in the United
States as well as in the rest of the world. Countries are attempting to balance
both economic efficiency and provide equity in taxation. Governments are
looking to rewrite tax codes to minimize their impact on economic growth.
Specifically, governments throughout th .... Middle of paper
.... act passed with a great deal of bipartisan support. This support was made
possible by two features of the act. The first was that federal income tax
rates were to be cut dramatically. While this would lead one to believe that
federal government receipts were cut substantially as well, it was the second
important feature of the bill that allowed it to be revenue neutral. This
feature was that the bill was to improve horizontal equity ....
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Number of words: 1013
Number of pages: 4 (approx. 250 words per double-spaced page)
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