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Brooks takes a different view about the 1986 Reagan tax reforms providing a way forward in 2013. He says growth is slower now in the U.S. with changes in the global economy and any growth killing tax increases or disincentives for investment are risky changes. He suggests taxing consumption and providing incentives for savings and investment. Closing loopholes will have to tackle the major deductions such as charitable deductions says Brooks.
The mortgage interest deduction in the U.S. deficit reduction negotiations
11/29/2012
The mortgage interest deduction is no longer off the table in the fiscal cliff and deficit reduction negotiations. This deduction is worth $100 billion in tax expenditures.
Grouped Articles
Mortgage-interest deduction could be on the table in ‘fiscal cliff’ debate - The Washington Post
Washington Post 11/29/2012
New York Times 11/29/2012
Most Americans Face Lower Tax Burden Than in the 80s
New York Times 11/29/2012
A Simpler Tax Code, for Stronger Growth in the Long Run
New York Times 11/30/2012
Tax Arithmetic Shows Top Rate Is Just a Starter
New York Times 12/08/2012
Deductions Limits Will Affect Many
Wall Street Journal 01/03/2013
Warren Buffett on a U.S. wealth tax
11/25/2012
Grouped Articles
Warren Buffett Has an Image Problem
Wall Street Journal 11/13/2015
New York Times 11/25/2012
New York Times 11/29/2012
Most Americans Face Lower Tax Burden Than in the 80s
New York Times 11/29/2012
Britain's Missing Millionaires
Wall Street Journal 11/29/2012
The New York Times 08/12/2016
Fairness and equity issues in the U.S. tax system
04/12/2009
Grouped Articles
New York Times 04/12/2009
California Property Taxes Can Vary Wildly in Silicon Valley
New York Times 02/23/2012
The Case for Raising Top Tax Rates
New York Times 03/27/2012
To Reduce Inequality, Tax Wealth, Not Income
New York Times 11/18/2012
New York Times 11/29/2012
Most Americans Face Lower Tax Burden Than in the 80s
New York Times 11/29/2012
David Brooks on tax reforms and deficit reduction in the U.S.
11/29/2012
Grouped Articles
New York Times 11/29/2012
Most Americans Face Lower Tax Burden Than in the 80s
New York Times 11/29/2012
New York Times 12/03/2012
New York Times 12/31/2012
U.S. tax reforms in 2013-2014 and how the approach of Reagan and the Treasury Department in 1984 can provide a basis for action
07/21/2011
Floyd Norris outlines the approach taken by Reagan and the Treasury Department in its report in 1984, which basically started out without any exemptions and loopholes, and then asked the question how much marginal rates have to go up to justify a particular exemption or loophole supported by a lobbying group. Two similar families with the same income were to be treated in the same way regardless of the source or use of their income, so that one did not end up having to pay more in tax than the other.
Grouped Articles
New York Times 07/21/2011
Presidents and their Debt , FDR to Bush: FDR, Deficit Hawk
New York Times 07/21/2011
A Starting Point for Tax Reform: What Reagan Did
New York Times 11/22/2012
New York Times 11/29/2012
Most Americans Face Lower Tax Burden Than in the 80s
New York Times 11/29/2012
Deficit discussions in the U.S. and revenue from taxes- 2011-2012
07/04/2011
Negotiations between the White House, Democrats and Republicans, to achieve major reductions and cuts in spending, and increase tax revenues by reducing tax expenditures. The discussions for an action plan on the U.S. budget deficit have reached an impasse with Republicans opposed to any tax increases.
Grouped Articles
Budget Shell Games Are Contrary to Law
Wall Street Journal 07/14/2011
GOP Hopefuls Betting Voters Want Deep Cuts
Wall Street Journal 07/18/2011
Why we need a third party - The Washington Post
Washington Post 09/26/2011
Wall Street Journal 07/05/2011
New York Times 07/04/2011
New York Times 07/07/2011
The Payroll Tax in the U.S. and surtax on incomes over $1 million as a political issue in 2012
12/01/2011
Grouped Articles
Democrats See Advantage in Payroll Tax Debate
New York Times 12/01/2011
Donât Tax the Rich. Tax Inequality Itself.
New York Times 12/18/2011
The Case for Raising Top Tax Rates
New York Times 03/27/2012
To Reduce Inequality, Tax Wealth, Not Income
New York Times 11/18/2012
New York Times 11/29/2012
Most Americans Face Lower Tax Burden Than in the 80s
New York Times 11/29/2012
The Reagan tax reforms of 1986 and U.S. tax reforms in 2013
11/22/2012
Contrasting views on how the Reagan tax reforms of 1986 and the approach used can help come up with a good plan in 2013.
Linked Articles
New York Times 11/29/2012
A Starting Point for Tax Reform: What Reagan Did
New York Times 11/22/2012
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