21st Century Taxation

This blog by a tax professor is about tax policy and reform and moving tax systems into the 21st century. It focuses on tax system weaknesses, critiques reform proposals (pointing out where they do and do not follow principles of good tax policy and do and do not reflect how we live and do business today), and offers new ideas. Additional information - articles, reports and links, can be found at the 21st Century Taxation website (see link below right). I welcome your comments.

Showing posts with label Obama; tax reform; tax gap. Show all posts

Thursday, October 1, 2009

Opportunity to submit ideas to President Obama Tax Reform Task Force

Earlier this year, the White House announced that President Obama was forming a task force to make recommendations to simplify the tax law, reduce corporate welfare and reduce the tax gap (see my 3/25/09 post).

Recently, the task force announced that it was seeking ideas from the public that addresses any of the three goals for this project (click here). The deadline to submit comments is October 15, 2009. The task force is to issue its report by December 4, 2009.

What would you tell the task force?

Welcome!

The world is changing yet tax systems are often slow to change or change in ways that don't align with how we live and work today. This can hinder economic progress, lead to a loss in tax revenue, and frustrate taxpayers. Here, I explain some of the problems at the federal, multistate and California levels, offer ideas for reform, and an opportunity to comment on what I post. My focus is that tax systems should reflect principles of good tax policy and how we live and do business today. I hope to increase awareness and understanding of our tax systems, some of the problems in these systems and possible remedies. These views are my own and not necessarily those of my employer or any organization I'm connected with. Thanks for reading and posting comments (this page gets over 20,000 visits per month)! For more on tax reform, please visit http://www.21stcenturytaxation.com. You can reach me at annette.nellen@sjsu.edu.