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Forbes Testifies at Tax Reform Panel Meeting

MAY 11, 2005

Forbes Testifies at Tax Reform Panel Meeting

DATED MAY 11, 2005
DOCUMENT ATTRIBUTES
  • Authors
    Forbes, Steve
  • Institutional Authors
    Forbes
  • Subject Area/Tax Topics
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 2005-10245
  • Tax Analysts Electronic Citation
    2005 TNT 91-86
Presentation to the President's Advisory Panel on Federal Tax Reform

 

May 11, 2005

 

 

Steve Forbes

 

President and CEO

 

Forbes, Inc.

 

 

Rising tax code complexity

 

 

 

 

1986 Tax Reform

 

 

 

 

Dynamic scoring: the flat tax

 

 

 

 

Wealth Creation
  • $6 trillion in additional assets by 2015

  • Total payroll tax receipts from 2006 to 2015 up $892.2 billion

Tax cut history: 1920's

 

 

 

 

Tax cut history: 1960's

 

 

 

 

Tax cut history: 1980's

 

 

 

 

Source: Heritage Foundation
DOCUMENT ATTRIBUTES
  • Authors
    Forbes, Steve
  • Institutional Authors
    Forbes
  • Subject Area/Tax Topics
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 2005-10245
  • Tax Analysts Electronic Citation
    2005 TNT 91-86
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