Change We Can Afford

Republican presidential nominee John McCain recently said that, "(M)any of the policies and institutions of our government have failed...because these policies were designed for the problems and opportunities of the mid-to-late 20th Century." His Democratic rival, Barack Obama, wrote in his campaign memoir of the country's need to, "modernize and rebuild the social contract that FDR first stitched together in the middle of the last century." Change in the areas of social and economic policy would appear likely with the advent of a new presidential administration.

However, neither candidate is proposing tax reform anywhere near as sweeping or bold. The panel will discuss what might be done to adapt the tax code to the fundamental changes brought on by a globalized, high-tech economy as well as the opportunity that a reevaluation of fiscal policy offers to align revenues with the evolving rights and responsibilities that people assign to government, individuals, business and civil society. Finally, it will offer a historical perspective on previous efforts in this regard and prospects for reform in 2009 and beyond.

Category:

News & Politics

Tags:

• Budget
• United
• States
• Tax
• Code
• VAT
• Value
• Added
• Change
• Restructuring
• Progressive

[Srhandel]

Excellent presentation, but the slides are not viewable on the internet.