{"id":36015,"date":"2024-10-25T20:43:40","date_gmt":"2024-10-25T20:43:40","guid":{"rendered":"https:\/\/www.writemyessays.app\/blog\/questions\/find-a-proposal-for-some-type-of-tax-reform-to-the-u-s-federal-tax-system-and-write-a-paper-that-argues-for-or-against-the-proposal\/"},"modified":"2024-10-25T20:43:40","modified_gmt":"2024-10-25T20:43:40","slug":"find-a-proposal-for-some-type-of-tax-reform-to-the-u-s-federal-tax-system-and-write-a-paper-that-argues-for-or-against-the-proposal","status":"publish","type":"questions","link":"https:\/\/www.writemyessays.app\/blog\/questions\/find-a-proposal-for-some-type-of-tax-reform-to-the-u-s-federal-tax-system-and-write-a-paper-that-argues-for-or-against-the-proposal\/","title":{"rendered":"Find a proposal for some type of tax reform to the U.S. federal tax system and write a paper that argues for or against the proposal"},"content":{"rendered":"

Acceptable reforms for this paper range from specific versions of the \u201cfundamental tax reforms\u201d <\/span>discussed by Slemrod and Bakija to smaller reforms concerning a particular tax. The <\/span>The proposals should come from economists, law professors, tax <\/span>accountants, or legislators. Proposals by candidates for public office may also be acceptable if <\/span>they contain enough details. <\/span>accountants, or legislators. Proposals by candidates for public office may also be acceptable if<\/span><\/p>\n

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they contain enough details. <\/span><\/span>Do not pick a past reform proposal that has become law. The point of the exercise is how to <\/span>change the current tax system. Also, I will not approve tax reform proposals taken only from <\/span>textbooks, because they are not specific enough.<\/span> <\/span>(For example, do not say you will analyze the<\/span>
Hall-Rabushka tax described in Slemrod and Bakija. Instead, find a specific version of this tax, <\/span>including relevant tax rates.) <\/span><\/span>Avoid reforms for which the main goal is to reduce the size of government by significantly<\/span>
reducing tax revenue. If your reform does reduce revenue, then you need to analyze a revision of <\/span>it in which tax rates are raised to make it revenue neutral.<\/span><\/span><\/span><\/span>
Questions to answer in your paper.<\/span><\/span>
\u2022<\/span> <\/span>Does the tax reform create a more \u201cequitable tax system\u201d in the sense that     the reform is <\/span>effectively redistributing income to lower-income households, for which the social value<\/span>
of another 100 dollars is relatively high? (How high exactly can be debated.)<\/span><\/span><\/span>
\u2022<\/span> <\/span>What are the efficiency effects of the tax reform, that is, does it reduce or increase <\/span>deadweight losses?<\/span><\/span><\/span>
o<\/span> <\/span>Does your reform increase or reduce the effective taxation of labor income   or <\/span>savings income, and do these changes create important changes in the     excess<\/span>
burden of taxation. Slemrod and Bakija contain excellent discussions of the<\/span>
empirical evidence, which you can use. (Put the relevant data on the data        sheet <\/span>described below and refer to it in your essay.)<\/span><\/span><\/span>
o<\/span> <\/span>Are there other sources of deadweight loss? (Example: Taxing only realized<\/span>
capital gains and not taxing unrealized capital gains at death causes                 individuals to <\/span>hold on to stocks that they should have sold.)<\/span><\/span><\/span>
<\/p>\n
Some useful websites and articles<\/span><\/span><\/span>
1.<\/span> <\/span>Congressional Research Service<\/span><\/span><\/span>
https:\/\/crsreports.congress.gov\/<\/span><\/span><\/span><\/span>
Search over \u201ctax\u201d or \u201ctax reform,\u201d or narrow the search for a particular reform or type of reform.<\/span><\/span><\/span>
For a general discussion of consumption taxes, which we\u2019re discussing in class, search for<\/span>
\u201cconsumption taxes: an overview\u201d.<\/span><\/span><\/span><\/span>
2.<\/span> <\/span>Peter G. Peterson Foundation<\/span><\/span><\/span>
https:\/\/www.pgpf.org\/finding-solutions\/tax-reform<\/span><\/span><\/span><\/span><\/span>
3.<\/span> <\/span>Brookings Institute<\/span><\/span><\/span>
https:\/\/www.brookings.edu\/blog\/up-front\/2021\/04\/28\/tax-reforms-to-raise-revenue-efficiently-<\/span>
and-equitably\/<\/span><\/span><\/span><\/span>
https:\/\/www.brookings.edu\/articles\/the-coming-fiscal-cliff-a-blueprint-for-tax-reform-in-2025\/<\/span><\/span><\/span><\/span><\/p>\n
<\/div>\n<\/div>\n
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4.<\/span> <\/span>Tax Policy Center<\/span><\/span><\/span>
https:\/\/www.taxpolicycenter.org\/search?filter=tax+reforms&sort_by=search_api_relevance&item<\/span>
s_per_page=25<\/span><\/span><\/span><\/span>
(At this address, you can also click on individual years with tax reform information, starting with<\/span>
2024.)<\/span><\/span><\/span><\/span>
5.<\/span> <\/span>Google Scholar<\/span><\/span><\/span>
A search engine mainly devoted to academic research.<\/span> <\/span>Contains research on tax reforms by both<\/span>
economists and law professors.<\/span> <\/span>Law journal articles about tax reforms are sometimes quite<\/span>
helpful.<\/span><\/span><\/span>
Note: Access to journal articles can usually be obtained using your MSU affiliation, either while<\/span>
you are searching on Google Scholar, or by accessing the articles in the MSU library\u2019s \u201celectronic<\/span>
resources.\u201d<\/span><\/span><\/span>
6.<\/span> <\/span>Articles discussing several ways to reform the tax system.<\/span><\/span><\/span>
The following articles discuss many ways to reform the tax system.<\/span> <\/span>If you might want to write<\/span>
about one of these reforms, then you should find another source that discusses it in more detail.<\/span><\/span><\/span>
Clausing, Kimberly, 2020, \u201cFixing Five Flaws of the Tax Cuts and Jobs Act,\u201d<\/span> <\/span>Columbia Journal<\/span>
of Tax Law<\/span> <\/span>11.<\/span><\/span><\/span>
Clausing, Kimberly, and Natasha Sarin, 2023, \u201cThe Coming Fiscal Cliff: A Blueprint for Tax<\/span>
Reform in 2025,\u201d<\/span> <\/span>The Hamilton Project, Brookings.<\/span><\/span><\/p>\n
<\/div>\n<\/div>\n
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<\/span><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Acceptable reforms for this paper range from specific versions of the \u201cfundamental tax reforms\u201d discussed by Slemrod and Bakija to smaller reforms concerning a particular tax. The The proposals should come from economists, law professors, tax accountants, or legislators. Proposals by candidates for public office may also be acceptable if they contain enough details. accountants, or legislators. Proposals by candidates […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[43],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/36015"}],"collection":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/comments?post=36015"}],"version-history":[{"count":0,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/36015\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/media?parent=36015"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/disciplines?post=36015"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/paper_types?post=36015"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/tagged?post=36015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}