IDEAS home Printed from https://ideas.repec.org/p/keo/dpaper/2016-021.html
   My bibliography  Save this paper

Tax Cuts, Tax Expenditures, and Comprehensive Tax Reform: Federal Income Tax Reform in the United States, 1961-1986

Author

Listed:
  • Seiichiro Mozumi

    (Faculty of Economics, Keio University)

Abstract

In the United States since the 1930s, the Treasury Department and tax experts has attempted to accomplish a "one package" comprehensive tax reform program to create a simpler, fairer, and more equitable federal income tax system with sufficient ability to raise revenue. However, their attempts to accomplish the kind of tax reform have always failed except in 1986. This paper picks up three episodes of federal tax reform to demonstrate the Treasury's and tax experts' significant effort to accomplish a "one package" comprehensive tax reform, and the process in and for which they failed and succeeded: Federal tax reform of 1964, 1978, and 1986. In the meantime, through examining the three episodes, this paper explores how Congress had seriously considered the kind of comprehensive tax reform that the Treasury and tax experts proposed after World War II.

Suggested Citation

  • Seiichiro Mozumi, 2016. "Tax Cuts, Tax Expenditures, and Comprehensive Tax Reform: Federal Income Tax Reform in the United States, 1961-1986," Keio-IES Discussion Paper Series 2016-021, Institute for Economics Studies, Keio University.
    • Handle: RePEc:keo:dpaper:2016-021
    as

    Download full text from publisher

    File URL: https://ies.keio.ac.jp/upload/pdf/en/DP2016-021.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    one package comprehensive tax reform; Stanley S. Surrey;

    JEL classification:

    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • N42 - Economic History - - Government, War, Law, International Relations, and Regulation - - - U.S.; Canada: 1913-

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:keo:dpaper:2016-021. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Institute for Economics Studies, Keio University (email available below). General contact details of provider: https://edirc.repec.org/data/iekeijp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.