The President’s Tax Proposal: First Impressions

Housing Tenure Choice, Race and the Recommendations of the President’s Advisory Panel on Federal Tax Reform

Corporate Income Taxation and U.s. Economic Growth

In June 2001 President George W. Bush signed the Economic Growth and Tax Relief and Reconciliation Act into law, initiating a ten-year program of tax reductions in personal taxes. In January 2003 the President authorized the Jobs and Growth Tax Relief Reconciliation Act of 2003, substantially reducing taxes on business income. The tax legislation of 2001 and 2003 led to major reductions in fede...

A Dynamic Analysis of Permanent Extension of the President’s Tax Relief

Executive Summary This Report presents a detailed description of Treasury's dynamic analysis of the President's proposal to permanently extend the tax relief provisions enacted in 2001 and 2003 that are currently set to expire at the end of 2010. These enacted provisions include: • Lower tax rates on ordinary income; • Lower tax rates on dividends and capital gains; • A ten-percent individual i...

Factors Affecting Concern about Zakat as a Tax Deduction in Indonesia

Historically, the Islamic state collected zakat (similar to the tithe of other regions) as national income. In Indonesia, the private sector can raise zakat funds more effectively than the government. In 2010, zakat became tax-deductible income. This paper tries to analyze some factors that affect preference for zakat as a tax deduction in Indonesia. The effectiveness of the regulation is also ...

A Dynamic Analysis of Permanent Extension of the President’s Tax Relief

Executive Summary This Report presents a detailed description of Treasury's dynamic analysis of the President's proposal to permanently extend the tax relief provisions enacted in 2001 and 2003 that are currently set to expire at the end of 2010. These enacted provisions include: • Lower tax rates on ordinary income; • Lower tax rates on dividends and capital gains; • A ten-percent individual i...