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Towards Bipartisan Tax Policy

Four politically diverse tax experts will release their new paper, "Towards Bipartisan Tax Policy" at a forum hosted by the New America Foundation, the Committee for a Responsible Federal Budget, American University's Center for Public Finance Research, the Concord Coaltion, and the Tax Foundation, on Thursday, February 12, 2009. The conference will be dedicated to a bipartisan approach to tax policy for a new Congress and Administration and will be keynoted by Senator Ron Wyden (D-OR) and Congressman Paul Ryan (R-WI). Tax policy can be expected to play a prominent role in the domestic policy debate as the new Administration unveils their approach to long-term fiscal challenges faced by the nation in the coming months. Despite their different approaches to tax and fiscal policy, all four authors agree that the current tax system is inadequate to handle the economic and budgetary challenges that lie before our nation, and that there must be bipartisan basis to any reform. The effort builds on calls by President Obama for greater bipartisanship to address the nation's problems. By presenting a reasonable, middle ground approach to tax policy to illustrate the types of sensible policy choices that could be made, there could emerge a serious effort to address fundamental problems with the tax system.
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