October Roundtable: Removing Tax Preferences = Tax Increases?

Fiscal conservatives in the House of Representatives have recently made rare progress to reduce spending. The most recent agreement to increase the debt ceiling created a Congressional super-committee charged with finding a grand bargain on deficit reduction this fall.

With a Democratic Senate and President, must any deal include tax increases? Are there circumstances in which fiscal conservatives should be willing to accept a tax increase-- perhaps a deal offering a 10-1 ratio of spending cuts to tax increases? Additionally, when a recurring theme in the deficit debate is the elimination of tax preferences, should these be thought of as tax expenditures or should they be offset with reductions in tax rates so the overall effect is revenue neutral?

Featuring Matt Moon of New Media Strategies, Ryan Ellis of Americans for Tax Reform, Curtis Dubay of the Heritage Foundation, and Joe Henchman of The Tax Foundation.

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News & Politics

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• Tax
• Round Table
• americans for tax reform
• grover norquist
• taxes
• spending
• spending cuts
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• budget