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Wednesday, July 23, 2008

Abstract
Tax and fiscal policy will loom large in the next president’s domestic policy agenda. Nearly all of the tax cuts enacted since 2001 expire at the end of 2010 and the individual alternative minimum tax (AMT) threatens to ensnare tens of millions of Americans. While a permanent fix palatable to both political parties has proven [...]

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Tax policy directly affects the amount of wealth individuals can accumulate during their working years and, for a given amount of wealth, the living standards they can enjoy in retirement. Traditionally, Social Security benefits, tax-favored defined benefit plans and retirement saving accounts, and savings accumulated outside tax-favored accounts have been viewed as the “threelegged stool” [...]

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The Tax Policy Center hosts a lunchtime program today on Dueling Tax Plans: What Would McCain and Obama Do?
Senior policy advisers Austan Goolsbee of the Obama campaign and Douglas Holtz-Eakin of the McCain campaign will make the case for their candidates’ tax plans in a lively exchange moderated by Urban Institute President Robert Reischauer. The [...]

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