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Friday, November 11, 2011

Pushing for specifics on tax reform proposals

There are quite a few vague tax reform proposals being touted by presidential candidates today. We have 9-9-9, variations of a flat tax, a reformed income tax and a corporate down to at least 20%. What is missing are the specifics of the proposals. Without fairly complete legislative language, it is impossible to really understand what is being suggested.

I have an article in this week's AICPA Tax Insider that summarizes most of these proposals based on what candidates have said so far or posted to their website (which are all still fairly general). The short article includes some suggestions for what additional information is needed and how to critique the proposals. A reference list (link) is included with links to the various proposals.

Check it out - Pushing For Specifics on Tax Reform Proposals.

What do you think?

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