Презентация на тему Tax policy

has become so complex that Americans spend more than

$400 billion annually in complying with—or creatively circumventing–the code. This amount represented a 40 percent surcharge on the taxes actually collected last year.

Source: Office of Management and Budget; The Laffer Center

adds to the deficit.
INDIVIDUAL TAXES
• Maintain marginal rates at

current levels
• Further reduce taxes on savings and investment
• Eliminate the death tax
• Long-term goal: pursue a flatter, fairer, simpler structure

CORPORATE TAXES
• Lower the corporate income tax rate to 25 percent
• Transition to a “territorial” tax system