This article criticizes a proposal recently put forward by the co-chairmen of the National Commission on Fiscal Responsibility and Reform to abolish all tax expenditures and sharply reduce statutory tax rates. The author believes that abolishing all tax expenditures without regard to merit or a...

In this article, the author reviews the continuing controversy over the Reagan tax cut. Republicans often assert that it was so expansionary that there was no revenue loss, something the Reagan administration itself never claimed. The truth is that the tax cut lost a lot of revenue, but helped...

This article discusses the origin and effects of George W. Bush's 2001 tax cut. It concludes that it was a failure except in terms of dissipating the budget surplus, which was one of its primary purposes

This article compares the tax plan put forward by Republican presidential nominee Mitt Romney with that enacted by Ronald Reagan. It finds only superficial similarities. Consequently, Romney's plan will not achieve the same economic results as Reagan's

On January 24, 1963, John F. Kennedy sent a message to Congress proposing tax reduction and tax reform. On the 50th anniversary of this event, this article reviews the political hurdles to its enactment, which were much more severe than generally realized today