ENGLISH

The Politics of Loopholes: The Improbable Prospects for U.S. Tax Reform

By John F. Witte

Book information

Publisher
ABC-CLIO
Year
2016
ISBN
9781440843426, 1440843422
Language
english
Format
EPUB
Filesize
5 MB (5532895 bytes)
Pages
193\0
Time added
2021-04-21 10:51:46

Description

What are the implications and likelihood of reform of the income tax system in the United States—specifically, the expansion and scope of the tax "expenditure" (loophole) system embedded in the income tax codes? This book details the tax system that now provides for more than 200 tax expenditures, highlighting the potential lost tax dollars. • Makes the tax loophole system comprehensible for lay readers and explains the implications of reform of the income tax system in the United States • Debunks the myth that tax expenditures only benefit the wealthy • Presents informed predictions about the likelihood of changes to the tax code

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