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Tax and Budget (Burmam)

Tax and budget policy election 2012 by Len Burman Indicated by Luiz F. de Paula (10/2012). “Some points presented: Policy context – expiration of Bush tax cuts and temporary stimulus measures (The fiscal cliff), tax revenues at lowest level since Truman Administration, tax code is complex, unfair, and inefficient, corporate tax rates high and base is porous, rising economic inequality, existential threat  created by ‘lucky duckies’; historical outlays and receipts; ratio of workers to retirees; value and number of tax expenditures; some statistics about households that pay neither income nor payroll tax.”

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