IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-1-4302-3928-4_15.html
   My bibliography  Save this book chapter

The Budget and Political Reality

In: Corporate Tax Reform

Author

Listed:
  • Martin A. Sullivan

Abstract

Before the Great Recession of 2007-2009, all proposals for tax reform—whether big or small, fundamental or incremental, untried or traditional, liberal or conservative—shared one common feature. None of them raised revenue (and a few were overall tax cuts). Enacting tax reform is difficult enough. It is often called the “impossible dream.” No tax reform advocate wants to take on the additional political baggage of simultaneously raising taxes in a nation as anti-tax as the United States. But tax reformers no longer have that luxury. Tax reformers can no more ignore the effect of the burgeoning federal debt than the tides can ignore the gravitational pull of the moon. Even if you share the views of the current Republican leadership in Congress that tax reform should not raise revenue, there is no denying that that the national debt casts a long shadow over any tax debate.

Suggested Citation

  • Martin A. Sullivan, 2011. "The Budget and Political Reality," Springer Books, in: Corporate Tax Reform, chapter 0, pages 143-148, Springer.
    • Handle: RePEc:spr:sprchp:978-1-4302-3928-4_15
    DOI: 10.1007/978-1-4302-3928-4_15
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:spr:sprchp:978-1-4302-3928-4_15. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.