Tax reform
Method of changing compulsory fees or levies as part of broad economic programmes
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📌 Topics
- Politics (1)
- Economy (1)
- Governance (1)
🏷️ Keywords
Jim DeMint (1) · Fiscal Cliff (1) · Tax Reform (1) · Federal Spending (1) · Republican Party (1) · Economic Policy (1) · Budget Crisis (1)
📖 Key Information
Tax reform is the process of changing the way taxes are collected or managed by the government and is usually undertaken to improve tax administration or to provide economic or social benefits. Tax reform can include reducing the level of taxation of all people by the government, making the tax system more progressive or less progressive, or simplifying the tax system and making the system more understandable or more accountable.
Numerous organizations have been set up to reform tax systems worldwide, often with the intent to reform income taxes or value added taxes into something considered more economically liberal.
📰 Related News (1)
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People and organizations frequently mentioned alongside Tax reform:
- 🌐 United States fiscal cliff (1 shared articles)
- 👤 Republican Party (1 shared articles)
- 👤 Jim DeMint (1 shared articles)