8 things to know about the candidates' tax policies

The Obama campaign's messaging job on tax policy has been quite impressive, especially given the president's flawed record on this front.

Over the last four years, President Obama has not only ignored the need for major tax reform, but has also enacted counterproductive changes that narrow the tax base and raise marginal rates. Then, after Republican presidential candidate Mitt Romney presented a tax reform vision that emphasized simplification, fairness, and growth, the Obama campaign refused to engage in a substantive policy debate, instead firing repeated and sometimes false attacks on the accounting assumptions underlying the Romney plan.

As voters head to the polls next week, it behooves them to see through the Obama campaign's political games and understand a few basic facts about the president's record on taxes and about the impact of Romney's tax plan. 

Read the full article at The American

Alex Brill is a research fellow at AEI.

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About the Author

 

Alex
Brill
  • Alex Brill, a former policy director and chief economist of the House Ways and Means Committee, also served on the staff of the President's Council of Economic Advisers (CEA). In Congress and at the CEA, Mr. Brill worked on a variety of economic and legislative policy issues, including dividend taxation, the alternative minimum tax, international tax policy, social security reform, defined benefit pension reform, and U.S. trade policy.

    At AEI, Mr. Brill studies the impact of tax policy in the U.S. economy; the fiscal, economic, and political consequences of stimulus legislation; health care reform, pharmaceutical spending, unemployment insurance reform; and financial innovation and technology.
  • Phone: 202-862-5931
    Email: alex.brill@aei.org
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    Name: Veronika Polakova
    Phone: 202-862-4880
    Email: veronika.polakova@aei.org

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