Report of the President’s Economic Recovery Advisory Board
Report on Tax Reform Options: Simplification, Compliance, and Corporate Taxation
The PERAB or “Volker Commission” has issued its Report on Tax Reform Options: Simplification, Compliance, and Corporate Taxation. It is a noble effort. It pursues several simplification and compliance options that the National Taxpayer Advocate and others have identified for years. It undertakes to be evenhanded. Nevertheless, it weighs in on the side of simplification and better compliance, which are hardly disputable goals at the macro level, while the devil is in the details. The corporate and international [...]Read more