Center for American Progress Submits Comments to Tax Panel
by Guest Blogger, 5/2/2005
The President's Advisory Panel on Tax Reform is accepting comments regarding ideas on how the tax code should be reformed to be more simple, fair, and more pro-growth.
The Center for American Progress has submitted comments to the tax panel with their ideas concerning responsible tax policy changes. Their letter can be read here. In January of this year the Center put together a tax plan outlining a "progressive approach to tax reform." Their plan raises about $500 billion when compared with the president's policies. Under their plan, 70 percent of the population would receive a tax reduction, while those making over $200,000 per year would see a tax increase. The Center submitted their comments on April 29.
The Tax Reform Panel will hold their next two meetings in Washington, D.C. These public meetings will take place on May 11th and 12th. The meetings will begin at 9:30 and will focus on specific options for tax reform. The location in TBA.
