Tax Reform in The United States

The current US tax system is very confused and the cost for governments to manage it is very high. Modifying or replacing our current tax law is the greatest benefit for our country and its citizens. Most taxpayers agree that our country needs tax reform but the problems they face face when trying to understand all the political terms used in the debate on tax reform It is difficult. The purpose of this article is to help our taxpayers better understand the political language and to understand some of the proposals that have been explored.

During the Bush administration, the president 's federal tax reform advisory group recommended the abolition of alternative minimum taxes. In the United States, there are organizations that are working on tax reforms such as US tax reform, fair taxation in the United States, and simplified property tax (ASSET) in the United States. The United States proposes various tax simplification proposals such as FairTax, various unified tax plans, and a bipartisan tax reform program.

As everyone knows, some US organizations are implementing tax reform in the country, including US tax reform, US fair taxation, and US responsible taxation. These organizations and other organizations came up with some ideas on the simplification of US taxes, such as unified tax planning, fair taxation, and bipartisan tax reform proposals. (Tuerck et al., 2007) Commercial tax includes federal. There are four groups of income, self employed, wages and consumption tax, general business tax of the state (sales tax, employment tax, business income tax) and local collection by the city. And a county complementing the service of this area and that area. (La Rose, 2010)

President Obama 's tax reform proposal was highlighted in his government' s 2013 US federal budget proposal and government - suggested enterprise and international tax reform framework. Some of these proposals became irrelevant due to the "fiscal cliffs of the US" at the end of 2012, but in these policies, a tax reform approach to the left was proposed. In general, these recommendations include raising the marginal tax rate, lowering the marginal tax rate, and expanding tax deductions, deductions, credits or other tax expenditures for companies that have expanded the highest income earners and basic scope, withdrawal , Or restrictions.